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California · Nonprofit

READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INC

READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INC (California) receives grants from 25 organizations whose IRS filings report $1,188,248 to it, the largest being MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC ($267,000). 16 of them have funded it in more than one year.

Revenue FY2026
$486k
Funders on record
25
Grants received
$1.2M
Net assets
$1.1M
16/25 repeat funderspeak grant-dependency 48%
01What it does

What Reading Is Fundamental of Southern California Inc does

Mission

To promote literacy and motivate children to read by providing new books to create home libraries for underserved children in southern california.

As stated on its FY2026 Form 990.

Program

  1. Distributed over 112,000 new books to economically disadvantaged children in high-poverty preschools, elementary schools, middle schools, Head Start sites, and community-based organizations in Los Angeles and Orange Counties.

    $402,529 spent
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $402,529.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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.

100 = 20172017 Revenue 100 ($667k) Expenses 100 ($628k) Net assets 100 ($834k)2018 Revenue 77 ($513k) Expenses 83 ($525k) Net assets 99 ($822k)2019 Revenue 84 ($559k) Expenses 72 ($455k) Net assets 111 ($926k)2020 Revenue 61 ($406k) Expenses 64 ($402k) Net assets 112 ($930k)2021 Revenue 88 ($586k) Expenses 64 ($404k) Net assets 133 ($1.1M)2022 Revenue 62 ($416k) Expenses 86 ($541k) Net assets 118 ($987k)2023 Revenue 72 ($482k) Expenses 75 ($471k) Net assets 120 ($998k)2024 Revenue 78 ($521k) Expenses 78 ($493k) Net assets 123 ($1.0M)2025 Revenue 80 ($532k) Expenses 75 ($469k) Net assets 131 ($1.1M)2026 Revenue 73 ($486k) Expenses 80 ($500k) Net assets 129 ($1.1M)
'17'18'19'20'21'22'23'24'25'26
Revenue (73)Expenses (80)Net assets (129)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $1.0M to $1.2M (+18%).

$848k
$826k
$926k
$974k
$1.2M
$1.0M
$1.0M
$1.0M
$1.2M
$1.2M
'17'18'19'20'21'22'23'24'25'26
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
ContributionsProgram revenueInvestmentOther

51% of READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INC’s revenue is contributions — about as donation-reliant as the typical peer (57% for the typical peer).

This organization
Typical peer · 25,057 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 10 reported years ran a deficit.

$39k
’17
−$12k
’18
$104k
’19
$4k
’20
$182k
’21
−$125k
’22
$11k
’23
$27k
’24
$63k
’25
−$14k
’26
3.9
months of
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.

Chief executive

Carol Henault

Executive director

As listed on its FY2026 Form 990.

'17'18'19'20'21'22'23'24'25'26
Listed8997898101110
Joined·+6+2+2+2+1+0+3+1+2
No longer listed·524101103
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 5 funders to 11 funders, grant income rose $33k → $169k.

5 of 25 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 26% 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 READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INC’s funders (the co-funder graph). Top 24 of 25 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

READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INC 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

44% 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 READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INC.

22%
largest funder
49%
top three
~9
effective funders

Largest funder’s share by year: 2017 30% · 2018 20% · 2019 26% · 2020 30% · 2021 61% · 2022 21% · 2023 15% — 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

33% of READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INC's funders are still giving 3 years after their first grant; 64% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

95% of READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INC's grant income comes from California funders.

WA
NY
CA
DE

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
California out of state home

Funder states come from each funder’s own filing. $308k arriving through sponsors registered in 5 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.

04Its place in the field

Against its field

READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INC's funding base is broadening — from 5 funders to 11 as grant income climbed.

Operating margin−3% · below the median
Months of reserve3.9mo · below the median
Revenue growth (annualized)−3% · bottom quartile

this organization peer median middle 50% of peers· 1,238 education nonprofits $100k–$1M, FY2026

Organizations like READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INC

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 California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

80% of spending goes to programs.

Program 80%Management 10%Fundraising 10%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CA

Screen this organization

A dated, signed PDF of the compliance screen for READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INC: 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.

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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 READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INC?
READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INC (California) receives grants from 25 organizations whose IRS filings report $1,188,248 to it, the largest being MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC ($267,000). 16 of them have funded it in more than one year.
How many funders does READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INC have?
IRS filings report 25 organizations giving $1,188,248 in grants to READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INC, 16 of which have funded it in more than one year.
Who is the largest funder of READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INC?
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC is the largest funder on record, with $267,000 in grants. The full list of funders is on this page.
How can an organization like READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. 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 Reading Is Fundamental of Southern California →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2026 (financials across 2017–2026), and the filings of 25 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 22, 2026. What this page cannot tell you · view filing