Active Reading Clinic

Analysis

Active Reading Clinic is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in February 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Active Reading Clinic reported income of $275k and spending of $232k, spending 84% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $261k to $275k (+5.3%), an average of +1.3% a year. The sharpest change came in the year to September 2023, when income rose by 47%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Active Reading Clinic sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Iowa State University Agricultural Endowment ($275k), Edison Athletic Booster Club-Oh ($275k) and Enlearn ($275k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 4.2% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $47k (20% of expenses). Other salaries and wages came to $87k. At year end it held assets of $197k against liabilities of $600, net assets of $196k. It reported 13 employees.