Overview

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Est.

1973

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

READING IS FUNDAMENTAL INC is a reading promotion nonprofit focused on motivating children to read by making reading a fun and beneficial part of everyday life. In filing year 2025, it reported an $11.4M operating budget and $18.7M in total revenue, with major support from DOLLAR GENERAL LITERACY FOUNDATION, PWC FOUNDATION INC, and INTERNATIONAL PAPER COMPANY FOUNDATION.

Mission Statement

MOTIVATING CHILDREN TO READ BY MAKING READING A FUN AND BENEFICIAL PART OF EVERYDAY LIFE.
Revenues
$18.7M
Expenses
$15.7M
Net Income:
+$3M
Assets
$28.2M
Liabilities
$3.1M
Net Assets:
+$25.1M
Operating Budget
$11.4M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
101
Median grant size
$1K
Largest grant received
$570.1K
A
Alicia Levi
Board Member
J
John Remondi
Board Member
J
Jj Johnson
Board Member
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  • 282 funders
  • 65 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is READING IS FUNDAMENTAL INC’s budget?
In 2025, READING IS FUNDAMENTAL INC reported an annual operating budget of around $11.4 million. More detailed financial information is available to registered users.
What causes does READING IS FUNDAMENTAL INC support?
READING IS FUNDAMENTAL INC supports work in Reading promotion.
Where does READING IS FUNDAMENTAL INC operate?
READING IS FUNDAMENTAL INC is headquartered in Washington, DC.
Who funded READING IS FUNDAMENTAL INC recently?
In 2025, READING IS FUNDAMENTAL INC received grants from DOLLAR GENERAL LITERACY FOUNDATION, AMERICAN ONLINE GIVING FOUNDATION INC, and Lawrence A Sanders Foundation Inc J Daniel Brede Managing Director. More information on this organization’s funders is available to registered users.
What is the largest grant READING IS FUNDAMENTAL INC received in 2024?
The largest grant to READING IS FUNDAMENTAL INC in 2024 exceeds $570 thousand.
What is READING IS FUNDAMENTAL INC’s reliance on government grants?
READING IS FUNDAMENTAL INC relied on government grants for more than 10% of their total revenue in 2025.