Nonprofit screen
Screen a listThe Reading League 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)(2)
$8.2Mrevenue
FY2024 · +195% in 3 yrs30staff
7 of 7years filed
’18’19’20’21’22’23’24
Revenue and spendingRevenueSpending
Against similar nonprofits FY2024
Operating margin5.6%
Months of reserve4.8mo
Revenue growth (annualized)+69.0%
Middle half of peersMedianReading League
Where the money goes FY2024 · $7.7M spent
Programs$6.4M82%Management and general$1.2M15%Fundraising$217k3%990 FY2024 · Part IX line 25
Nothing to check in the filings
In its favor2
Strong governance
13 of 16 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 69% a year since FY2018, in the top quarter of similar nonprofits.
990 Part I · peer cohort25funders
$373ka year, last 3 years
45%from its largest funder
Funder’17’18’19’20’21’22’23The Hollyhock Foundation IncSince FY2021$250k$127k$127kRichard S Shineman FoundationStopped after FY2021$50k$46k–Jim and Juli Boeheim Foundation IncOn and off$5k$8k$40k$10kThe Dorothy and Marshall M Reisman FoundationOn and off$10k$25kThe Bank of America Charitable Foundation IncNew in FY2023$35kBeth and Ravenel Curry FoundationNew in FY2023$25kDonor-advised giftsDonors not disclosed$456k$97k$46k$15k$314k9 other fundersUp to $20k a year each$13k$12k$48k$32k
FundedThrough a donor-advised fundStopped