Education
(B82Z)
990 on File
FRIENDS OF THE READING PUBLIC LIBRARY INC
Financial strength (30%)
93/100
Reliability (20%)
55/100
Effectiveness (25%)
61/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$54K
Total Revenue
$42K
Total Expenses
$77K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
89.1%
Fundraising Efficiency
6.1%
Operating Reserve
22.12x
Liability-to-Asset
2.8%
Revenue Diversification
58.4%
Compared with Peers
FY 2024
Compared with 19,859 similar organizations
(United States, Education, under $100K in expenses), FY 2024.
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
|
89.1% | 87.4% |
P10P90
|
Above median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
6.1% | 39.6% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
22.1 mo | 19.7 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
2.8% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
58.4% | 85.3% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
73.2% | 1.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
2.5% | 0.3% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
22.2% | 10.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $54K | $42K | $77K | 89.1% | — |
| 2023 | $31K | $41K | $65K | 0.0% | — |
| 2022 | $63K | $34K | N/A | — | 1 |
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