Read To A Child Inc is a 501(c)(3) organization based in Wellesley, Massachusetts, registered in 2006, with $1,546,528 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.5M
▼ 0.0% vs prior year
Education median: $200K
Expenses (FY2024)
$1.5M
Net assets
$983K
Employees
—
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 →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 To A Child Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 To A Child Inc: 8 mo reserves · +1% margin earns a A on this criterion. See the exact thresholds →
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 To A Child Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 To A Child Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $394K (FY2009) to $1.5M (FY2024) across 13 reported years.
Financial snapshot
Operating margin
1.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.0M
Total liabilities
$67K
Net assets
$983K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,546,528 | $1,531,631▲3.5% | $983,318▲1.5% | $1,049,975▲3.6% | 990 |
| 2023 | $1,546,531▼7.1% | $1,479,686▲0.4% | $968,421▲7.4% | $1,013,686▲3.5% | 990 |
| 2022 | $1,665,524▲8.4% | $1,474,391▲12.9% | $901,576▲26.9% | $979,260▲26.5% | 990 |
| 2021 | $1,536,709▲9.5% | $1,305,864▲13.9% | $710,443▲48.1% | $773,901▼2.9% | 990 |
| 2020 | $1,403,928▲50.8% | $1,146,503▼6.5% | $479,598▲116% | $797,301▲27.2% | 990 |
| 2019 | $930,861▼29.9% | $1,225,860▼8.5% | $222,203▼57.0% | $626,849▼1.2% | 990 |
| 2018 | $1,328,725▲6.7% | $1,339,178▲8.4% | $517,231▼2.0% | $634,682▲0.2% | 990 |
| 2017 | $1,244,996▲7.4% | $1,235,432▲3.1% | $527,684▲1.8% | $633,196▼1.2% | 990 |
| 2016 | $1,159,698▲4.5% | $1,198,115▲11.2% | $518,120▼6.9% | $641,186▼6.3% | 990 |
| 2015 | $1,109,756▲3.7% | $1,077,498▲10.8% | $556,537▲6.2% | $684,346▲11.5% | 990 |
| 2014 | $1,070,520▲16.0% | $972,057▲8.2% | $524,279▲23.0% | $613,905▲15.5% | 990 |
| 2013 | $922,869 | $898,723▲196% | $426,386▲114% | $531,534▲130% | 990 |
| 2011 | — | $303,299▲15.1% | $199,361▼5.2% | $230,887▲9.2% | 990 |
| 2009 | $394,159 | $263,610 | $210,253 | $211,426 | 990EZ |
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.
40 grants to Read To A Child Inc totaling $1.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $65,217 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $50,507 |
| United Way For Southeastern Michigan | Grant | 2023 | $30,000 |
| Donor Advised Charitable Giving | Education | 2023 | $25,450 |
| American Online Giving Foundation Inc | General support | 2023 | $17,113 |
| Mightycause Charitable Foundation | Unrestricted | 2023 | $5,908 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $53,350 |
| American Online Giving Foundation Inc | General support | 2022 | $23,719 |
| Greater Hartford Gives Foundation | Education | 2022 | $22,750 |
| United Way For Southeastern Michigan | Grant | 2022 | $11,250 |
| Network For Good Inc | Unrestricted | 2021 | $112,749 |
| Boston Foundation Inc | Operating support/annual fund | 2021 | $50,000 |
| Community Foundation For Southeast Michigan | General operations | 2021 | $50,000 |
| American Online Giving Foundation Inc | General support | 2021 | $44,252 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $41,500 |
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Data for Read To A Child Inc (EIN 20-3526239) 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.