Reading Clinic

Analysis

Reading Clinic is a registered charity in United States, based in Saratoga, CA. It received its IRS tax-exemption ruling in June 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, Reading Clinic reported income of $139k and spending of $114k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $119k to $139k (+17%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Reading Clinic sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Bhaktivedanta Archives Inc ($139k), Mission Milby Community Development Corporation ($139k) and Jackrabbit Cheer Booster ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.