Education
(B90)
IRS Verified
DX Registered
990 on File
KIDS NEED TO READ
Financial strength (30%)
76/100
Reliability (20%)
50/100
Effectiveness (25%)
87/100
Impact (25%)
80/100
CharityAI™ Score
Not yet evaluated
Mission Statement
Kids Need to Read helps children discover the joy of reading and the power of a literate mind by providing inspiring books and literacy programs to underfunded schools, libraries, and community agencies across the United States, especially those serving disadvantaged children.
Financial Overview — FY 2025
$579K
Total Revenue
$840K
Total Expenses
$763K
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
94.0%
Fundraising Efficiency
N/A
Operating Reserve
10.90x
Liability-to-Asset
5.2%
Revenue Diversification
100.0%
Executive Compensation
$54K
Compared with Peers
FY 2025
Compared with 10,291 similar organizations
(United States, Education, $100K–$1M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
94.0% | 89.6% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
4.1% | 7.5% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.9% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
10.9 mo | 9.1 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
5.2% | 0.1% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 87.8% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-19.4% | 6.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-40.3% | 7.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-45.1% | 3.1% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Access to Books | 119,956 | $8.33 | — | Lifetime |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $579K | $840K | $763K | 94.0% | 3 |
| 2024 | $719K | $1.4M | $1.0M | 96.1% | 5 |
| 2023 | $1.2M | $1.3M | $1.7M | 93.0% | 4 |
| 2022 | $609K | $1.4M | N/A | — | 6 |
| 2021 | $1.1M | $1.3M | N/A | — | 4 |
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