REACH OUT AND READ RHODE ISLAND
Mission Statement
Reach Out and Read RI prepares the state's youngest children to succeed in school by partnering with pediatricians to prescribe books and encouraging families to read aloud together. Established in 1999 with 5 participating sites, we now reach more than 35,000 children ages 6 months to 5 years old at 70 clinical sites across the state, distributing more than 73,000 books at well-visits. Although we aim to ensure school readiness for all children, our program specifically targets lower income families as research consistently demonstrates that children living in poverty are at greater risk for reading challenges.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
76.7% | 89.6% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
13.0% | 7.5% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
10.3% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
130.4% | 1.3% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
6.3 mo | 9.1 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
5.4% | 0.1% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
89.2% | 87.8% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
14.0% | 6.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-14.7% | 7.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-23.8% | 3.1% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $451K | $558K | $292K | 76.7% | 5 |
| 2024 | $396K | $654K | $397K | 75.9% | 5 |
| 2023 | $549K | $568K | $635K | 76.6% | 5 |
| 2022 | $549K | $338K | N/A | — | 5 |
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