Reading Pals Chico Inc

Analysis

Reading Pals Chico Inc is a registered charity in United States, based in Chico, CA. It received its IRS tax-exemption ruling in November 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 November 2023, Reading Pals Chico Inc reported income of $142k and spending of $130k, spending 92% of its income. Across the 2 years on record, from November 2022 to November 2023, income grew from $25k to $142k (+469%), an average of +469% a year. The sharpest change came in the year to November 2023, when income rose by 469%. 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, Reading Pals Chico Inc 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 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Tri-Cities Hockey Booster Club Player Education Fund ($142k), Douglas Space and Science Foundation Inc ($142k) and Main Street Alexander City Inc ($142k).

On its Form 990-EZ for the period ending November 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.