Independent Reading Counseling Services Inc

Analysis

Independent Reading Counseling Services Inc is a registered charity in United States, based in Anniston, AL. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Independent Reading Counseling Services Inc reported income of $154k and spending of $118k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $128k to $154k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Independent Reading Counseling Services Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within AL. Charities of a similar size with the same main cause include Smithsburg Athletic Booster Club ($154k), Friends of Public Education Inc ($154k) and Joining Hearts and Hands ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.0% and program service revenue 95% of the total. At year end it held assets of $28k against liabilities of $21k, net assets of $7,201.