Reading Ready Pittsburgh

Analysis

Reading Ready Pittsburgh is a registered charity in United States, based in Homestead, PA. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2024, Reading Ready Pittsburgh reported income of $702k and spending of $572k, spending 81% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $249k to $702k (+182%), an average of +68% a year. The sharpest change came in the year to June 2024, when income rose by 135%. Over the whole period it spent 82% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Reading Ready Pittsburgh sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include Summit Grove Christian Conference Center Inc ($702k), New City Neighbors ($702k) and Gifford Youth Achievement Center Foundation Inc ($702k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% and program service revenue 14% of the total. Other salaries and wages came to $190k. At year end it held assets of $378k against liabilities of $53k, net assets of $325k. It reported 4 employees.