Reach Out And Read Rhode Island
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 216,823 | 175,802 | 41,021 | 6.8 | 28% |
| 2012 | 123,430 | 93,697 | 29,733 | 16.6 | — |
| 2013 | 114,259 | 82,634 | 31,625 | 23.4 | — |
| 2014 | 201,306 | 156,844 | 44,462 | 15.7 | 44% |
| 2015 | 202,829 | 171,965 | 30,864 | 16.5 | 44% |
| 2016 | 253,229 | 287,371 | −34,142 | 8.4 | 33% |
| 2017 | 335,765 | 293,780 | 41,985 | 10.0 | 34% |
| 2018 | 303,639 | 306,224 | −2,585 | 9.5 | 33% |
| 2019 | 376,298 | 282,398 | 93,900 | 14.0 | 40% |
| 2021 | 342,678 | 284,278 | 58,400 | 20.7 | 35% |
| 2022 | 548,574 | 337,656 | 210,918 | 23.2 | 37% |
| 2023 | 548,792 | 567,824 | −19,032 | 13.4 | 32% |
| 2024 | 395,632 | 654,365 | −258,733 | 7.3 | 36% |
In its most recent public year (2024), this organization spent $258,733 more than it brought in. Its reserves stood at about 7.3 months of spending. Staff pay was 36% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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