Reading Public Museum Endowment TR Ua 1519155092

Analysis

Reading Public Museum Endowment TR Ua 1519155092 is a registered charity in United States, based in Reading, PA. It received its IRS tax-exemption ruling in January 2000, 26 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Reading Public Museum Endowment TR Ua 1519155092 reported income of $541k and spending of $412k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $174k to $541k (+211%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 900%. Over the whole period it spent 125% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Reading Public Museum Endowment TR Ua 1519155092 sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Baltimore Concert Opera Inc ($541k), Sandbox Percussion Inc ($541k) and Silver Eye Center for Photography ($541k).

At year end it held assets of $7.3m against liabilities of $0, net assets of $7.3m.