Read for Life

Analysis

Read for Life is a registered charity in United States, based in Visalia, CA. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2024, Read for Life reported income of $68k and spending of $82k, spending 122% of what it took in. Across the 3 years on record, from June 2019 to June 2024, income fell from $72k to $68k (-6.8%), an average of -3.5% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Read for Life sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include Bound Brook Rescue Squad Inc ($67k), Cullman First United Methodist Foundation ($68k) and Body Mind Centering Association Inc ($67k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $252k against liabilities of $0, net assets of $252k.