Nonprofit screen
Screen a listRead Ministries Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$666krevenue
FY2024 · +46% in 3 yrs5staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin13.7%
Months of reserve10.3mo
Revenue growth (annualized)+14.5%
Middle half of peersMedianRead Ministries
Where the money goes FY2024 · $574k spent
Programs$417k73%Management and general$71k12%Fundraising$86k15%990 FY2024 · Part IX line 25
Nothing to check in the filings
In its favor1
Growing faster than peers
Revenue up 15% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohort9funders
$65ka year, last 3 years
34%from its largest funder
Funder’17’18’19’20’21’22’23Impact FoundationEvery year since FY2017$15k$65k$15k$15k$15k$25k$15kWatts Family FoundationSince FY2021$35k$15k$10kJoyce Family FoundationSince FY2022$1k$2kValley Queen Charitable FoundationStopped after FY2022$200$550$150$200$100–Donor-advised giftsDonors not disclosed$35k$35k$36k$26k$56k$10k$10k
FundedThrough a donor-advised fundStopped