ZUnclassifiedEIN: 237365813· Ruling Year: 1975

Reading Scholarship Foundation Inc

Reading, Massachusetts

B+Health Score
67B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

💰
$244K
Total Revenue
📊
$229K
Total Expenses
🏦
$3.8M
Net Assets
📋
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-84.4%
Year-over-year change (2022 → 2023)
Net Margin
+6.3%
Revenue minus expenses as % of revenue

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$244,24084%$228,75112%$3,776,69110%
2022$1,564,306301%$204,4242%$3,431,31219%
2021$389,61962%$208,8099%$4,223,32216%
2020$241,21411%$192,3588%$3,641,3368%
2019$216,52946%$208,8514%$3,358,3892%
2018$398,94015%$200,4987%$3,286,84711%
2017$470,281177%$214,80819%$2,964,28420%
2016$169,65765%$180,3628%$2,478,2347%
2015$487,15153%$195,18236%$2,318,3505%
2014$318,768101%$143,166$2,440,30810%
2013$158,2398%$143,1132%$2,223,9577%
2012$172,306$140,026$2,075,290

Frequently Asked Questions

What does Reading Scholarship Foundation Inc do?

Reading Scholarship Foundation Inc is a unclassified nonprofit organization based in Massachusetts. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Reading Scholarship Foundation Inc financially healthy?

Based on our 9-metric Financial Health Score model, Reading Scholarship Foundation Inc has a score of 67/100 (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 Reading Scholarship Foundation Inc generate?

Reading Scholarship Foundation Inc reports $539K in annual revenue and holds $4.9M in total assets, based on IRS filings.

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