Every Child a Reader Inc

Analysis

Every Child a Reader Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Every Child a Reader Inc reported income of $68k and spending of $95k, spending 139% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $68k (+3.9%), an average of +3.9% a year. Over the whole period it spent 145% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Every Child a Reader Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Madison Cultural Arts ($68k), Garrett Moulton Productions ($68k) and Pictures on Silence ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.1% of the total. At year end it held assets of $69k against liabilities of $70k, net assets of -$1,189.