Read-aloud Delaware
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Read-aloud Delaware is a 501(c)(3) organization based in Wilmington, Delaware, registered in 1987, with $597,163 in FY2024 revenue. CharityIndex grades it B.
100 W 10th St Ste 309, Wilmington, DE, 19801 EIN 51-0280486 Since 1987
Revenue (FY2024)
$597K
▲ 2.1% vs prior year
Expenses (FY2024)
$457K
Net assets
$524K
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 Read-aloud Delaware— 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 rating14 mo reserves · +23% 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 Read-aloud Delaware: 14 mo reserves · +23% 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 Read-aloud Delaware— 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 Read-aloud Delaware: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 100 W 10th St Ste 309, Wilmington, DE, 19801
- City
- Wilmington
- State
- Delaware
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $399K (FY2013) to $597K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $56KNet assets $524K
Operating margin
23.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$580K
Total liabilities
$56K
Net assets
$524K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $597,163▲2.1% | $456,977▼12.4% | $523,869▲36.5% | $580,099▲22.1% | 990 |
| 2023 | $585,065▲20.9% | $521,820▲9.4% | $383,683▲19.7% | $475,151▲7.2% | 990 |
| 2022 | $484,024▲6.6% | $476,877▲19.7% | $320,438▲3.0% | $443,204▲38.7% | 990 |
| 2021 | $454,090▼6.0% | $398,475▲9.6% | $311,231▲21.8% | $319,599▲20.2% | 990 |
| 2020 | $483,252▲10.0% | $363,414▼10.2% | $255,616▲88.3% | $265,863▲64.9% | 990 |
| 2019 | $439,293▲12.5% | $404,856▼6.7% | $135,778▲34.0% | $161,242▲36.2% | 990 |
| 2018 | $390,613▲7.6% | $434,002▼0.4% | $101,341▼30.0% | $118,361▼25.6% | 990 |
| 2017 | $362,917▼30.9% | $435,705▼3.4% | $144,730▼33.5% | $159,032▼30.5% | 990 |
| 2016 | $525,265▲28.7% | $451,031▲3.1% | $217,518▲51.8% | $228,867▲49.4% | 990 |
| 2015 | $408,042▲3.8% | $437,285▲6.7% | $143,284▼16.9% | $153,170▼15.5% | 990 |
| 2014 | $393,263▼1.4% | $409,938▲8.2% | $172,527▼8.8% | $181,200▼8.3% | 990 |
| 2013 | $398,816 | $378,856▲1.4% | $189,202▲11.8% | $197,513▲8.6% | 990 |
| 2012 | — | $373,466▼1.3% | $169,242▲6.5% | $181,839▼0.1% | 990 |
| 2011 | — | $378,259 | $158,984 | $182,074 | 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 · $308K total
11 grants to Read-aloud Delaware totaling $308K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Delaware Community Foundation | Bilingual outreach coordinator and lena course expansion; support for volunteer reading program, lena start costs; unrestricted support | 2023 | $45,657 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $8,600 |
| Delaware Community Foundation | Professional development workshop, support for its bilingual outreach program - lena start program, supporting early childhood literacy with music, movement, and storytelling, unrestricted support | 2022 | $74,166 |
| Delaware Community Foundation | 2022 disbursement and unrestricted support. | 2021 | $17,006 |
| Delaware Community Foundation | Marketing, travel incentives, and weekly incentives, restricted to support activities in georgetown and millsboro, restriced support - fund for children's literacy, restricted support for sussex county, restricted support for sussex county, march 2021 community needs: general operating, support to develop a successful "lena start" program that is attractive, appropriate and accessible to latinx families (with infants to 3 years old) in delaware and unrestricted support. | 2020 | $51,087 |
| Delaware Community Foundation | Restricted support for children's literacy, support to sussex county, and other unrestricted support | 2019 | $31,162 |
| Delaware Community Foundation | Restricted support - fund for children's literacy grant distribution, and unrestricted support | 2018 | $15,076 |
| Network For Good Inc | Unrestricted | 2017 | $7,460 |
| Delaware Community Foundation | Fcl grant | 2016 | $16,739 |
| Delaware Community Foundation | Remedial reading & encouragement | 2015 | $35,370 |
| Network For Good Inc | Unrestricted | 2015 | $5,299 |
Frequently asked questions
- Is Read-aloud Delaware a legitimate nonprofit?
- Yes. Read-aloud Delaware is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 51-0280486, based in Wilmington, Delaware. Donations are tax-deductible.
- What is Read-aloud Delaware's EIN?
- Read-aloud Delaware's Employer Identification Number (EIN) is 51-0280486.
- How much revenue does Read-aloud Delaware report?
- Read-aloud Delaware reported $597,163 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Read-aloud Delaware have?
- CharityIndex grades Read-aloud Delaware B, based on financial health (reserves and operating margin).
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Data for Read-aloud Delaware (EIN 51-0280486) 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.