Beyond Kids Reading Inc

Analysis

Beyond Kids Reading Inc is a registered charity in United States, based in Newton HLDS, MA. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Beyond Kids Reading Inc reported income of $157k and spending of $424k, spending 271% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $250k to $157k (-37%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 211%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Beyond Kids Reading Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 53rd percentile within MA. Charities of a similar size with the same main cause include Neot Ephratah Academy ($157k), Christopher Aguirre Memorial Foundation ($157k) and Friends of Buncombe Libraries Inc ($157k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Other salaries and wages came to $184k. At year end it held assets of $348k against liabilities of $8,666, net assets of $339k. It reported 2 employees.