H Read Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
H Read Inc is a 501(c)(3) organization based in Mansfield, Massachusetts, registered in 1981, with $2,905,995 in FY2023 revenue. CharityIndex grades it B.
1100 School St, Mansfield, MA, 02048 EIN 04-2725454 Since 1981
Revenue (FY2023)
$2.9M
▲ 4.6% vs prior year
Expenses (FY2023)
$2.7M
Net assets
$2.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for H Read Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating9 mo reserves · +7% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For H Read Inc: 9 mo reserves · +7% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for H Read Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For H Read Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1100 School St, Mansfield, MA, 02048
- City
- Mansfield
- State
- Massachusetts
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $1.6M (FY2013) to $2.9M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $159KNet assets $2.1M
Operating margin
7.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.3M
Total liabilities
$159K
Net assets
$2.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,905,995▲4.6% | $2,689,650▲11.8% | $2,122,766▲11.3% | $2,281,346▲11.2% | 990 |
| 2022 | $2,777,818▼2.8% | $2,406,073▲11.3% | $1,906,421▲24.2% | $2,052,156▲23.3% | 990 |
| 2021 | $2,858,684▲22.2% | $2,161,919▲14.3% | $1,534,676▲83.2% | $1,664,091▲36.4% | 990 |
| 2020 | $2,338,583▲40.2% | $1,891,225▲4.1% | $837,911▲115% | $1,219,855▲55.3% | 990 |
| 2019 | $1,667,771▼14.7% | $1,817,162▲0.4% | $390,553▼27.7% | $785,431▲16.2% | 990 |
| 2018 | $1,954,633▲10.3% | $1,810,796▲1.0% | $539,944▲3.3% | $675,655▲29.2% | 990 |
| 2017 | $1,772,689▼1.5% | $1,792,951▲5.1% | $522,833▼3.7% | $522,833▼3.7% | 990 |
| 2016 | $1,798,884▲7.2% | $1,705,834▲5.1% | $543,094▲20.7% | $543,094▲20.7% | 990 |
| 2015 | $1,677,542▲5.9% | $1,623,712▲5.6% | $450,044▲13.6% | $450,044▲13.6% | 990 |
| 2014 | $1,584,412▲2.2% | $1,537,205▲3.9% | $396,214▲13.5% | $396,214▲13.5% | 990 |
| 2013 | $1,550,131 | $1,480,205▲2.9% | $349,007▲25.1% | $349,007▲25.1% | 990 |
| 2012 | — | $1,438,498▲2.4% | $279,081▲2.5% | $279,081▲2.5% | 990 |
| 2011 | — | $1,404,520 | $272,185 | $272,185 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is H Read Inc a legitimate nonprofit?
- Yes. H Read Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-2725454, based in Mansfield, Massachusetts. Donations are tax-deductible.
- What is H Read Inc's EIN?
- H Read Inc's Employer Identification Number (EIN) is 04-2725454.
- How much revenue does H Read Inc report?
- H Read Inc reported $2,905,995 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does H Read Inc have?
- CharityIndex grades H Read Inc B, based on financial health (reserves and operating margin).
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Data for H Read Inc (EIN 04-2725454) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.