Reading Is Fundamental Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 36,495,838 | 33,940,472 | 2,555,366 | 5.3 | 12% |
| 2012 | 22,517,378 | 22,851,264 | −333,886 | 7.6 | 10% |
| 2013 | 10,614,640 | 13,144,806 | −2,530,166 | 11.3 | 15% |
| 2014 | 11,286,013 | 12,282,746 | −996,733 | 11.2 | 16% |
| 2015 | 6,317,349 | 8,316,467 | −1,999,118 | 12.9 | 23% |
| 2016 | 6,182,363 | 6,782,069 | −599,706 | 15.3 | 30% |
| 2017 | 6,364,247 | 6,969,506 | −605,259 | 14.4 | 28% |
| 2018 | 11,152,480 | 7,753,028 | 3,399,452 | 18.1 | 29% |
| 2019 | 11,675,652 | 8,911,585 | 2,764,067 | 19.2 | 28% |
| 2020 | 6,662,859 | 8,682,559 | −2,019,700 | 17.5 | 31% |
| 2021 | 9,974,937 | 7,583,670 | 2,391,267 | 24.9 | 32% |
| 2022 | 16,088,590 | 9,207,334 | 6,881,256 | 26.3 | 30% |
| 2023 | 11,218,497 | 11,451,500 | −233,003 | 21.7 | 28% |
In its most recent public year (2023), this organization spent $233,003 more than it brought in. Its reserves stood at about 21.7 months of spending, up from 5.3 in 2011. Staff pay was 28% of spending. $7,578,252 of its net assets are donor-restricted.
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 2023. 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
Reading Is Fundamental Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works