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Funding

Washington · Nonprofit

SOUTH SOUND READING FOUNDATION

SOUTH SOUND READING FOUNDATION (Washington) receives grants from 14 organizations whose IRS filings report $357,779 to it, the largest being The Community Foundation of South Puget Sound ($131,066). 5 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.

$452k
Revenue FY2024
14
Funders on record
$358k
Grants received
$282k
Net assets
5/14 repeat funderspeak grant-dependency 20%

Against its field

SOUTH SOUND READING FOUNDATION has grown faster than three-quarters of the 22,771 education nonprofits its size.

Operating margin3% · below the median
Months of reserve7.7mo · above the median
Revenue growth (annualized)21% · top quartile

this organization peer median middle 50% of peers· 22,771 education nonprofits $100k–$1M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The 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 ($121k) Expenses 100 ($95k) Net assets 100 ($185k)2018 Revenue 120 ($145k) Expenses 115 ($110k) Net assets 119 ($220k)2019 Revenue 130 ($157k) Expenses 149 ($142k) Net assets 127 ($236k)2020 Revenue 208 ($252k) Expenses 254 ($242k) Net assets 120 ($222k)2021 Revenue 306 ($370k) Expenses 281 ($268k) Net assets 175 ($325k)2022 Revenue 345 ($417k) Expenses 473 ($450k) Net assets 158 ($292k)2023 Revenue 388 ($469k) Expenses 514 ($490k) Net assets 146 ($271k)2024 Revenue 374 ($452k) Expenses 463 ($441k) Net assets 153 ($282k)
'17'18'19'20'21'22'23'24
Revenue (374)Expenses (463)Net assets (153)Peer revenue range

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
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 19% · 2021 28% · 2022 1% · 2023 0% · 2024 0%. Grants only. Government contracts and fees sit inside program revenue.

79% of SOUTH SOUND READING FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (58% for the typical peer).

This organization
Typical peer · 24,851 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$26k
17
$35k
18
$15k
19
$10k
20
$102k
21
$33k
22
$21k
23
$12k
24
7.7
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 4 funders, grant income rose $6k → $52k.

4 of 14 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 SOUTH SOUND READING FOUNDATION’s funders (the co-funder graph). 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

SOUTH SOUND READING FOUNDATION leans on a few funders — its largest provides 37% of grant income and the top three 76%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

70% 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 SOUTH SOUND READING FOUNDATION.

37%
largest funder
76%
top three
~4
effective funders

Largest funder’s share by year: 2017 93% · 2018 100% · 2019 99% · 2020 40% · 2021 38% · 2022 42% · 2023 39%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

43% of SOUTH SOUND READING FOUNDATION's funders are still giving 3 years after their first grant; 36% give in more than one year at all.

first grant+1y+2y+3y

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 SOUTH SOUND READING FOUNDATION'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 $171k that is directly attributable, 97% of it comes from Washington funders.

WA
WI
CT

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

17
18
19
20
21
22
23
Washington out of state home

Funder states come from each funder’s own filing. $186k arriving through sponsors registered in 3 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 14 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like SOUTH SOUND READING FOUNDATION

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Washington

Nationally

04Profile & governance

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

Where the money goes

93% of spending goes to programs.

Program 93%Management 7%Fundraising 0%

Governance

14
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

100%

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 SOUTH SOUND READING FOUNDATION: 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.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds SOUTH SOUND READING FOUNDATION?
SOUTH SOUND READING FOUNDATION (Washington) receives grants from 14 organizations whose IRS filings report $357,779 to it, the largest being The Community Foundation of South Puget Sound ($131,066). 5 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 SOUTH SOUND READING FOUNDATION have?
IRS filings report 14 organizations giving $357,779 in grants to SOUTH SOUND READING FOUNDATION, 5 of which have funded it in more than one year.
Who is the largest funder of SOUTH SOUND READING FOUNDATION?
The Community Foundation of South Puget Sound is the largest funder on record, with $131,066 in grants. The full list of funders is on this page.
How can an organization like SOUTH SOUND READING FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 14funders 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 August 27, 2026. What this page cannot tell you · view filing