Charity Search / REACH OUT AND READ RHODE ISLAND
Education (B92) IRS Verified DX Registered 990 on File

REACH OUT AND READ RHODE ISLAND

EIN: 05-0514148 · PROVIDENCE, RI 02905-4754 · United States · FY 2025 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 81/100
Reliability (20%) 55/100
Effectiveness (25%) 93/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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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
$451K
Total Revenue
$558K
Total Expenses
$292K
Net Assets
5
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 76.7%
Fundraising Efficiency 130.4%
Operating Reserve 6.28x
Liability-to-Asset 5.4%
Revenue Diversification 89.2%
Compared with Peers
FY 2025
Compared with 10,291 similar organizations (United States, Education, $100K–$1M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
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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Organization Details
EIN
05-0514148
State
RI
City
PROVIDENCE
ZIP
02905-4754
Classification
B92
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
1999
Foundation Code
15
Form 990
On File
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