Reader Institute For Community Journalism Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 290,964 | 116,775 | 174,189 | 17.9 | 26% |
| 2021 | 1,079,427 | 859,724 | 219,703 | 5.5 | 0% |
| 2022 | 2,731,613 | 2,780,003 | −48,390 | 1.5 | 43% |
| 2023 | 3,360,024 | 3,757,629 | −397,605 | -0.2 | 50% |
In its most recent public year (2023), this organization spent $397,605 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.2 months), down from 17.9 in 2020. Staff pay was 50% of spending. $252,534 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
Reader Institute For Community Journalism 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