Catch Up & Read Inc

Analysis

Catch Up & Read Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in April 2012, 14 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 June 2023, Catch Up & Read Inc reported income of $1.5m and spending of $1.5m, spending 102% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $1.4m to $1.5m (+7.7%), an average of +1.9% a year. The sharpest change came in the year to June 2022, when income rose by 56%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Catch Up & Read Inc 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 87th percentile within TX. Charities of a similar size with the same main cause include Psa Building Company ($1.5m), Iupat District Council 77 ($1.5m) and Scarborough Public Library ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 34% and program service revenue 65% of the total. Other salaries and wages came to $681k. At year end it held assets of $2.1m against liabilities of $50k, net assets of $2.0m. It reported 13 employees.