BEducationEIN: 510317415· Ruling Year: 1989

Reading Assist Institute

Wilmington, Delaware

AHealth Score
93A

Financial Health Score

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

Excellent

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.28×
Peer Median20.77×
💰
$3.4M
Total Revenue
📊
$3.1M
Total Expenses
🏦
$4.0M
Net Assets
📋
$284K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-32.8%
Year-over-year change (2022 → 2023)
Net Margin
+9.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.28
Net assets divided by total expenses
Liabilities-to-Assets
6.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,444,75333%$3,128,9665%$4,283,94825%
2022$5,126,330213%$2,991,559112%$3,428,403142%
2021$1,635,7688%$1,408,38325%$1,414,87020%
2020$1,509,28322%$1,127,48210%$1,180,81263%
2019$1,238,63117%$1,255,73623%$723,7522%
2018$1,059,6086%$1,022,7187%$737,63710%
2017$1,122,61111%$1,105,2017%$670,9292%
2016$1,263,16646%$1,028,52912%$659,96447%
2015$863,1424%$917,51112%$447,77921%
2014$830,6544%$816,2052%$566,82817%
2013$798,98311%$829,58513%$485,3085%
2012$898,8213%$954,5285%$508,57312%
2011$873,217$907,906$577,239

Frequently Asked Questions

What does Reading Assist Institute do?

Reading Assist Institute is a education nonprofit organization based in Delaware. It is classified under NTEE code B90Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Reading Assist Institute financially healthy?

Based on our 9-metric Financial Health Score model, Reading Assist Institute has a score of 93/100 (Grade: A). 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 Assist Institute generate?

Reading Assist Institute reports $5.2M in annual revenue and holds $5.0M in total assets, based on IRS filings.

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Reading Assist Institute — Wilmington, DE | GiveScope