Our Kids Read Association

Analysis

Our Kids Read Association is a registered charity in United States, based in Laurel, MD. It received its IRS tax-exemption ruling in October 2021, 5 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, Our Kids Read Association reported income of $312k and spending of $341k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $564k to $312k (-45%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Our Kids Read Association sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within MD. Charities of a similar size with the same main cause include Alpine Valley School ($312k), The Oregon College of Community Accupuncture ($312k) and Parent Teacher Organization of Mill Creek Middle School ($312k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,583 against liabilities of $45k, net assets of -$39k.