All District Reads

Analysis

All District Reads is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in August 2021, 5 years ago. 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, All District Reads reported income of $257k and spending of $232k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $114k to $257k (+126%), an average of +126% a year. The sharpest change came in the year to December 2023, when income rose by 126%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, All District Reads sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within VA. Charities of a similar size with the same main cause include Southwest Bell County Volunteer Fire Department Inc ($257k), Sickle Cell Disease Association of Florida ($257k) and Arkansas State Right to Life Inc Committee Educational Fund ($257k).

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 $30k against liabilities of $0, net assets of $30k.