Reading Ready Pittsburgh
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 123,933 | 56,526 | 67,407 | 17.9 | — |
| 2021 | 124,735 | 107,798 | 16,937 | 11.2 | — |
| 2022 | 248,925 | 148,108 | 100,817 | 16.4 | 33% |
| 2023 | 298,869 | 306,409 | −7,540 | 7.6 | 38% |
| 2024 | 702,175 | 571,684 | 130,491 | 6.8 | 33% |
In its most recent public year (2024), this organization brought in $130,491 more than it spent. Its reserves stood at about 6.8 months of spending, down from 17.9 in 2020. Staff pay was 33% of spending. $158,444 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 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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