Drawing Children Into Reading Incorporated

Analysis

Drawing Children Into Reading Incorporated is a registered charity in United States, based in South Haven, MI. It received its IRS tax-exemption ruling in April 2015, 11 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, Drawing Children Into Reading Incorporated reported income of $79k and spending of $53k, leaving 33% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $109k to $79k (-27%), an average of -15% a year. The sharpest change came in the year to December 2022, when income dropped by 51%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Drawing Children Into Reading Incorporated sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within MI. Charities of a similar size with the same main cause include Ponies Touchdown Club ($79k), Northwest Theological Institute Inc ($79k) and Joseph Academy Foundation Inc ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.