California Reading Association

Analysis

California Reading Association is a registered charity in United States, based in Saratoga, CA. It received its IRS tax-exemption ruling in June 2018, 8 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, California Reading Association reported income of $115k and spending of $113k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $137k to $115k (-16%), an average of -4.3% a year. The sharpest change came in the year to December 2020, when income dropped by 47%. Over the whole period it spent 119% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, California Reading Association sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Parent Booster USA Inc ($115k), Glasgow Independent Schools Education Foundation Inc ($115k) and Eastside Band Boosters ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $28k (25% of expenses). At year end it held assets of $404k against liabilities of $0, net assets of $404k. It reported 2 employees.