Philanthropy & Grantmaking
(T20)
990 on File
THE READING 1 FOUNDATION
Financial strength (30%)
79/100
Reliability (20%)
55/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2025
$74K
Total Revenue
$227K
Total Expenses
$3.6M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
87.5%
Fundraising Efficiency
N/A
Operating Reserve
190.93x
Liability-to-Asset
0.0%
Revenue Diversification
57.5%
Executive Compensation
$0
Compared with Peers
FY 2025
Compared with 9,363 similar organizations
(United States, Philanthropy & Grantmaking, $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
|
87.5% | 90.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
190.9 mo | 96.7 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
57.5% | 90.4% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-64.9% | 10.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-13.3% | 8.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-208.6% | 4.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $74K | $227K | $3.6M | 87.5% | — |
| 2024 | $210K | $262K | $3.6M | 89.8% | — |
| 2023 | $304K | $85K | $2.8M | 70.3% | — |
| 2022 | $167K | $161K | $2.8M | 84.0% | — |
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