Read To Me International Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 300,949 | 329,990 | −29,041 | 1.8 | 41% |
| 2012 | 197,002 | 137,823 | 59,179 | 9.6 | 28% |
| 2013 | 196,210 | 151,138 | 45,072 | 12.3 | 31% |
| 2014 | 353,607 | 261,331 | 92,276 | 11.4 | 45% |
| 2015 | 390,936 | 346,459 | 44,477 | 10.1 | 51% |
| 2016 | 334,727 | 326,199 | 8,528 | 11.0 | 58% |
| 2017 | 413,060 | 377,818 | 35,242 | 10.7 | 48% |
| 2018 | 266,439 | 287,706 | −21,267 | 13.1 | 65% |
| 2019 | 423,237 | 347,693 | 75,544 | 13.4 | 55% |
| 2020 | 389,339 | 319,539 | 69,800 | 17.2 | 69% |
| 2021 | 526,048 | 246,943 | 279,105 | 36.4 | 49% |
| 2022 | 456,420 | 275,781 | 180,639 | 39.2 | 55% |
| 2023 | 555,842 | 464,016 | 91,826 | 25.7 | 51% |
In its most recent public year (2023), this organization brought in $91,826 more than it spent. Its reserves stood at about 25.7 months of spending, up from 1.8 in 2011. Staff pay was 51% of spending. $45,549 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
Read To Me International Foundation'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