Reading Co Technical Historical Soc Iety Inc
Analysis
Reading Co Technical Historical Soc Iety Inc is a registered charity in United States, based in Reading, PA. It received its IRS tax-exemption ruling in May 1987, 39 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Reading Co Technical Historical Soc Iety Inc reported income of $206k and spending of $182k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $224k to $206k (-7.9%), an average of -2.0% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 66% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Reading Co Technical Historical Soc Iety Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within PA. Charities of a similar size with the same main cause include Wichita Adult Literacy Council ($206k), C-Span Education Foundation ($206k) and Bedford Urban Entreprise Association Inc ($206k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 7.4% of the total. At year end it held assets of $1.6m against liabilities of $667, net assets of $1.6m.
Income and spending
Where the income comes from
- Contributions & grants 81%
- Program services 7.4%
- Other 12%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Wichita Adult Literacy Council | Wichita Falls | $206k |
| C-Span Education Foundation | Washington | $206k |
| Bedford Urban Entreprise Association Inc | Bedford | $206k |
| State University of New York Health Science Center at Syracuse Nursing | Syracuse | $206k |