Education
(B92)
IRS Verified
DX Registered
990 on File
READY READERS
Financial strength (30%)
76/100
Reliability (20%)
55/100
Effectiveness (25%)
71/100
Impact (25%)
75/100
CharityAI™ Score
Not yet evaluated
Mission Statement
Ready Readers expands literacy for young children in low-income communities through high-quality books, strong relationships, and literacy-related experiences.
Financial Overview — FY 2025
$2.2M
Total Revenue
$2.2M
Total Expenses
$2.1M
Net Assets
15
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
70.6%
Fundraising Efficiency
1009.9%
Operating Reserve
11.83x
Liability-to-Asset
8.1%
Revenue Diversification
96.6%
Executive Compensation
$97K
Compared with Peers
FY 2025
Compared with 5,421 similar organizations
(United States, Education, $1M–$10M 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
|
70.6% | 84.2% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
7.7% | 12.9% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
21.7% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
1009.9% | 60.7% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
11.8 mo | 9.0 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
8.1% | 21.7% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
96.6% | 89.4% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
14.5% | 5.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
17.2% | 6.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
2.5% | 3.0% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| strengthen early literacy foundation for young children in under-resourced areas | 16,000 | $119.00 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $2.2M | $2.2M | $2.1M | 70.6% | 15 |
| 2024 | $1.9M | $1.8M | $2.0M | 67.6% | 13 |
| 2023 | $1.9M | $1.5M | $1.9M | 68.3% | 10 |
| 2022 | $1.6M | $1.3M | N/A | — | 11 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.