Foundation For Reading Area Community College
Reading, Pennsylvania
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $4,212,353↑125% | $2,988,127↑57% | $28,950,000↑14% | — |
| 2023 | $1,876,136↓10% | $1,902,741↑1% | $25,439,059↑3% | — |
| 2022 | $2,074,074↑7% | $1,889,449↑16% | $24,638,373↓9% | — |
| 2021 | $1,932,063↑54% | $1,633,591↑6% | $26,927,388↑27% | — |
| 2020 | $1,257,241↓19% | $1,539,184↓21% | $21,281,888↓1% | — |
| 2019 | $1,547,276↓12% | $1,951,787↑18% | $21,438,462↑2% | — |
| 2018 | $1,754,724↓67% | $1,648,976↓11% | $21,030,085↑5% | — |
| 2017 | $5,347,466↑314% | $1,854,929↑62% | $20,042,051↑26% | — |
| 2016 | $1,291,098↑29% | $1,142,447↑18% | $15,895,045↑41% | — |
| 2015 | $997,366↑11% | $970,331↑13% | $11,299,861↑3% | — |
| 2014 | $897,135↑7% | $855,309↓13% | $11,020,895↑16% | — |
| 2013 | $840,957↓16% | $983,887↑43% | $9,502,431↑11% | — |
| 2012 | $1,005,936↑13% | $689,297↑40% | $8,544,975↑3% | — |
| 2011 | $889,367 | $492,663 | $8,301,765 | — |
Frequently Asked Questions
What does Foundation For Reading Area Community College do?▼
Foundation For Reading Area Community College is a education nonprofit organization based in Pennsylvania. It is classified under NTEE code B41I and is registered as a 501(c) tax-exempt organization with the IRS.
Is Foundation For Reading Area Community College financially healthy?▼
Based on our 9-metric Financial Health Score model, Foundation For Reading Area Community College has a score of 73/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Foundation For Reading Area Community College generate?▼
Foundation For Reading Area Community College reports $4.1M in annual revenue and holds $32.0M in total assets, based on IRS filings.
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