Nonprofit screen
Screen a listReading Terminal Market Corporation
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)(2)
$6.9Mrevenue
FY2025 · +31% in 3 yrs54staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin−4.0%
Months of reserve5.0mo
Revenue growth (annualized)+4.0%
Middle half of peersMedianReading Terminal Market
Where the money goes FY2025 · $7.2M spent
Programs$6.5M90%Management and general$426k6%Fundraising$279k4%990 FY2025 · Part IX line 25
Worth checking1
Its largest funder stopped after FY2021
The William Penn Foundation gave about $500k a year for two years, 17% of revenue in FY2021.
Funders’ 990-PF grant listsIn its favor2
Strong governance
9 of 9 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIA history of government grants
Government grants on 3 of its 3 returns, 4% of revenue in FY2024.
990 Part VIII12funders
$384ka year, last 3 years
87%from its largest funder
Funder’17’18’19’20’21’22’23The William Penn FoundationStopped after FY2021$500$1.0M–John S and James L Knight FoundationStopped after FY2019$150k$100k–Poor Richard's Charitable TrustStopped after FY2022$50k$50k$50k–Rouse Family Charitable Trust Aka the Willard G Rouse III Memorial TrOn and off$20kIndependence FoundationOn and off$5kThe Tuttleman FoundationOn and off$5kDonor-advised giftsDonors not disclosed$27k$25k$25k2 other fundersUp to $3k a year each$25$3k
FundedThrough a donor-advised fundStopped