North Carolina · Nonprofit
READ AND FEED
READ AND FEED (North Carolina) receives grants from 49 organizations whose IRS filings report $1,355,221 to it, the largest being TRIANGLE COMMUNITY FOUNDATION INC ($302,000). 25 of them have funded it in more than one year, and 52% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2023
- $628k
- Funders on record
- 49
- Grants received
- $1.4M
- Net assets
- $936k
What Read and Feed does
Mission
Our mission is to strengthen literacy skills among underserved elementary school children, and provide meals in a nurturing neighborhood environment.
As stated on its FY2023 Form 990.
Program
With three mobile classrooms and dozens of partnerships with wcpss, other nonprofit and community organizations, Read and Feed provided high impact tutoring for 355 children during the academic year and 1,188 students with large scale book distributions across summer sites to help reduce summer learning loss. The organization provided nutritious meals and healthy snacks, reading tutoring and age appropriate books at no charge to all of the children attending the program. There were 23,391 books distributed through our program, helping to build home libraries for many children. Our volunteers devoted 6,095 hours tutoring students at 24 program sites. Read and Feed also had 516 tutoring sessions conducted for 4,918 hours instruction, 358 school supply bags issued, 8,875 meals distributed, and 8,340 healthy snacks consumed by students attending tutoring sessions.
$352,093 spent100% of program spending
The program described on its FY2022 Form 990. Program spending in total: $352,093.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $635k to $1.2M (+94%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 10% · 2022 41%. Grants only. Government contracts and fees sit inside program revenue.
99% of READ AND FEED’s revenue is contributions — more donation-reliant than the typical peer (91% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 3 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2017 → 2023: the base broadened from 4 funders to 17 funders, grant income rose $114k → $225k.
10 of 49 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 52% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of READ AND FEED’s funders (the co-funder graph). Top 30 of 49 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
READ AND FEED has a broad base — no single funder exceeds 22% of grant income, and it takes 4 funders to reach half.
the vertical line marks half of all grant income — 4 funders to its left
69% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund READ AND FEED.
Largest funder’s share by year: 2017 45% · 2018 47% · 2019 30% · 2020 28% · 2021 32% · 2022 20% · 2023 27% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
38% of READ AND FEED's funders are still giving 3 years after their first grant; 51% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
52% of READ AND FEED's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $657k that is directly attributable, 75% of it comes from North Carolina funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $699k arriving through sponsors registered in 9 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
READ AND FEED runs a healthier operating margin than three-quarters of the 21,056 human services nonprofits its size.
this organization peer median middle 50% of peers· 21,056 human services nonprofits $100k–$1M, FY2023
Organizations like READ AND FEED
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
75% of spending goes to programs.
Governance
Public support
88%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for READ AND FEED: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds READ AND FEED?
- READ AND FEED (North Carolina) receives grants from 49 organizations whose IRS filings report $1,355,221 to it, the largest being TRIANGLE COMMUNITY FOUNDATION INC ($302,000). 25 of them have funded it in more than one year, and 52% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does READ AND FEED have?
- IRS filings report 49 organizations giving $1,355,221 in grants to READ AND FEED, 25 of which have funded it in more than one year.
- Who is the largest funder of READ AND FEED?
- TRIANGLE COMMUNITY FOUNDATION INC is the largest funder on record, with $302,000 in grants. The full list of funders is on this page.
- How can an organization like READ AND FEED find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Read and Feed →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2021–2023), and the filings of 49 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing