Society for the Scientific Study of Reading

Analysis

Society for the Scientific Study of Reading is a registered charity in United States, based in Millcreek, UT. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Society for the Scientific Study of Reading reported income of $260k and spending of $272k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $109k to $260k (+139%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 131% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Society for the Scientific Study of Reading sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within UT. Charities of a similar size with the same main cause include Garden State Film Festival ($260k), Charles W Moore Foundation Inc ($260k) and Brite Cleveland ($260k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $863k against liabilities of $0, net assets of $863k.