Heres To Reading Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 39,558 | 10,370 | 29,188 | 33.8 | — |
| 2019 | 2,683 | 28,034 | −25,351 | 1.6 | — |
| 2020 | 0 | 1,463 | −1,463 | 19.5 | — |
| 2021 | 7,841 | 9,753 | −1,912 | 1.1 | — |
| 2022 | 9,233 | 7,912 | 1,321 | 4.9 | — |
| 2023 | 14,399 | 10,443 | 3,956 | 8.3 | — |
In its most recent public year (2023), this organization brought in $3,956 more than it spent. Its reserves stood at about 8.3 months of spending, down from 33.8 in 2018.
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
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