Childrens Reading Alliance

Analysis

Childrens Reading Alliance is a registered charity in United States, based in Las Cruces, NM. It received its IRS tax-exemption ruling in March 2016, 10 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 August 2024, Childrens Reading Alliance reported income of $168k and spending of $177k, spending 106% of what it took in. Across the 3 years on record, from August 2022 to August 2024, income grew from $114k to $168k (+47%), an average of +21% a year. The sharpest change came in the year to August 2024, when income rose by 26%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Childrens Reading Alliance sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within NM. Charities of a similar size with the same main cause include Friends of Balanya English Academy ($168k), Scitech2u Inc ($168k) and Clipper Petroleum Foundation Inc ($168k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $168k against liabilities of $137k, net assets of $31k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.