Reading Results

Analysis

Reading Results is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in November 2005, 21 years ago. 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 June 2023, Reading Results reported income of $861k and spending of $1.0m, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $874k to $861k (-1.4%), an average of -0.4% a year. The sharpest change came in the year to June 2022, when income rose by 71%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Reading Results sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within OR. Charities of a similar size with the same main cause include Traditions at Worthington ($861k), Advocates for Self-Government ($861k) and Rural Digital Youth Resiliency Project Inc ($861k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $97k (9.6% of expenses). Other salaries and wages came to $684k. At year end it held assets of $644k against liabilities of $28k, net assets of $616k. It reported 100 employees.