Charity Search / READDI INC
Medical Research (H05) 990 on File

READDI INC

EIN: 88-3812342 · DURHAM, NC 27709-5087 · United States · FY 2025 Data
2 out of 5 33 / 100 Based on 2+ years of filings
Financial strength (30%) 45/100
Reliability (20%) 40/100
Effectiveness (25%) 48/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$624K
Total Revenue
$1.1M
Total Expenses
$1.1M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 30.6%
Fundraising Efficiency N/A
Operating Reserve 11.43x
Liability-to-Asset 18.9%
Revenue Diversification 89.7%
Compared with Peers
FY 2025
Compared with 132 similar organizations (United States, Medical Research, $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
30.6% 83.0%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
25.7% 9.9%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
43.7% 2.6%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
11.4 mo 14.4 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
18.9% 13.2%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
89.7% 90.0%
P10P90
Above median
Revenue growth
Year over year revenue growth
-57.5% 7.4%
P10P90
Expense growth
Year over year expense growth
103.5% 3.0%
P10P90
Surplus margin
Surplus as a share of revenue
-80.5% 4.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $624K $1.1M $1.1M 30.6% 0
2024 $1.5M $553K $1.6M 27.9% 0
2023 $801K $141K $660K 35.0% 0
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Organization Details
EIN
88-3812342
State
NC
City
DURHAM
ZIP
27709-5087
Classification
H05
Category
Medical Research
Rating
2★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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