Ready for School

Analysis

Ready for School is a registered charity in United States, based in Zeeland, MI. It received its IRS tax-exemption ruling in July 2011, 15 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, Ready for School reported income of $1.4m and spending of $1.0m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $639k to $1.4m (+119%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ready for School sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within MI. Charities of a similar size with the same main cause include Harte Research Support Foundation ($1.4m), Friendship Childrens Center Inc ($1.4m) and Manatee School of Arts and Sciences Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $108k (11% of expenses). Other salaries and wages came to $186k. At year end it held assets of $820k against liabilities of $194k, net assets of $627k. It reported 34 employees.