Raising A Reader
Only null% goes to programs Strong reserves Growing revenue
Raising A Reader is a 501(c)(3) organization based in Milpitas, California, registered in 2023, with $4,911,900 in FY2024 revenue. CharityIndex grades it B.
913 Hanson Ct, Milpitas, CA, 95035 EIN 94-3390149 Since 2023
Revenue (FY2024)
$4.9M
▼ 13.8% vs prior year
Education median: $200K
Expenses (FY2024)
$5.4M
Net assets
$3.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Raising A Reader— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating8 mo reserves · -9% 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 Raising A Reader: 8 mo reserves · -9% margin earns a B+ 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 Raising A Reader— 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 Raising A Reader: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 913 Hanson Ct, Milpitas, CA, 95035
- City
- Milpitas
- State
- California
- Category
- Education
- Subcategory
- Educational Services
- Website
- …
Financial trends
Revenue declined from $5.1M (FY2013) to $4.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $503KNet assets $3.4M
Operating margin
-9.0%
Spent more than it raised in the latest fiscal year.
Total assets
$3.9M
Total liabilities
$503K
Net assets
$3.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,911,900▼13.8% | $5,354,343▲12.0% | $3,423,778▼11.4% | $3,927,013▼11.2% | 990 |
| 2023 | $5,700,015▲14.0% | $4,782,378▲2.2% | $3,866,221▲31.1% | $4,424,012▲33.0% | 990 |
| 2022 | $4,999,126▲37.9% | $4,680,618▲20.6% | $2,948,584▲12.1% | $3,326,192▼2.4% | 990 |
| 2021 | $3,625,081▲14.7% | $3,882,062▲21.8% | $2,630,076▼8.9% | $3,407,480▼10.0% | 990 |
| 2020 | $3,159,603▼18.8% | $3,186,643▼6.1% | $2,886,970▼0.9% | $3,787,698▲13.6% | 990 |
| 2019 | $3,889,593▲14.9% | $3,392,917▲1.6% | $2,912,738▲20.8% | $3,335,583▲12.9% | 990 |
| 2018 | $3,386,464▼10.4% | $3,340,848▼6.7% | $2,410,449▲2.1% | $2,954,426▼6.1% | 990 |
| 2017 | $3,779,351▼5.1% | $3,582,261▼18.4% | $2,359,834▲9.1% | $3,146,956▲17.0% | 990 |
| 2016 | $3,983,033▼6.9% | $4,388,078▼2.6% | $2,162,744▼15.3% | $2,690,102▼14.7% | 990 |
| 2015 | $4,279,416▼21.0% | $4,504,403▼11.7% | $2,554,820▼8.1% | $3,153,766▼8.4% | 990 |
| 2014 | $5,419,103▲5.8% | $5,100,800▲9.1% | $2,779,807▲12.9% | $3,443,614▼6.9% | 990 |
| 2013 | $5,124,200 | $4,677,435▲41.5% | $2,461,504▲13.7% | $3,700,352▲17.2% | 990 |
| 2012 | — | $3,306,264▲14.5% | $2,164,521▲7.7% | $3,157,217▲33.2% | 990 |
| 2011 | — | $2,888,590▲7.2% | $2,010,085▼11.0% | $2,371,109▼8.9% | 990 |
| 2010 | — | $2,694,416 | $2,258,536 | $2,602,366 | 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.
Grants received · $3.0M total
48 grants to Raising A Reader totaling $3.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $250,000 |
| Silicon Valley Community Foundation | Education | 2024 | $42,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2023 | $500,000 |
| Globalgiving Foundation Inc | Funds raised by globalgiving and disbursed to meet donor expectations | 2023 | $350,061 |
| Donor Advised Charitable Giving | Education | 2023 | $60,000 |
| Silicon Valley Community Foundation | Education | 2023 | $19,500 |
| Baltimore Community Foundation Inc | General support and various projects | 2023 | $15,000 |
| The San Diego Foundation | Raising a reader san diego | 2023 | $10,000 |
| First Book | Diverse book coalition | 2022 | $25,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $7,000 |
| Globalgiving Foundation Inc | Funds raised by globalgiving and disbursed to meet donor expectations | 2021 | $59,242 |
| Donor Advised Charitable Giving | Education | 2021 | $5,500 |
| Silicon Valley Community Foundation | Education | 2020 | $169,500 |
| Greater Washington Community Foundation | General support | 2020 | $50,000 |
| Greater Washington Community Foundation | General support | 2020 | $50,000 |
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Frequently asked questions
- Is Raising A Reader a legitimate nonprofit?
- Yes. Raising A Reader is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 94-3390149, based in Milpitas, California. Donations are tax-deductible.
- What is Raising A Reader's EIN?
- Raising A Reader's Employer Identification Number (EIN) is 94-3390149.
- How much revenue does Raising A Reader report?
- Raising A Reader reported $4,911,900 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Raising A Reader have?
- CharityIndex grades Raising A Reader B, based on financial health (reserves and operating margin).
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Data for Raising A Reader (EIN 94-3390149) 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.