Childrens Reading Connection

Analysis

Childrens Reading Connection is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in November 2017, 9 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, Childrens Reading Connection reported income of $58k and spending of $45k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $58k (+8.9%), an average of +8.9% a year. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Childrens Reading Connection sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Coda Alliance ($58k), Westmoreland County Coaches Association Incorporated ($58k) and Hardee Athletic Foundation Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. At year end it held assets of $16k against liabilities of $86, net assets of $16k.