Reading Room Inc
Reading Room Inc. operates with minimal revenue and assets, indicating a very small-scale operation.
EIN: 113727613 · South Windsor, CT · NTEE: Q33 · Updated: 2026-03-28
Is Reading Room Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Reading Room Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Reading Room Inc
Reading Room Inc (EIN: 113727613) is a nonprofit organization based in South Windsor, CT, classified under NTEE code Q33. The organization reported total revenue of $11K and total assets of $53 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Reading Room Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Reading Room Inc with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Reading Room Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
No executive compensation data is available, which is typical for organizations with such low revenue and assets, suggesting a volunteer-led or very small staff structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Reading Room Inc's IRS 990 filings:
- Extremely low assets ($53) indicating no financial reserves.
- Very low revenue ($10,757) suggesting limited operational capacity.
Strengths
The following positive indicators were identified for Reading Room Inc:
- Likely low overhead due to small scale and limited financial activity.
- Potential for direct impact if funds are primarily used for programs.
Frequently Asked Questions about Reading Room Inc
Is Reading Room Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Reading Room Inc (EIN: 113727613) some concerns. Mission Score: 60/100. 2 red flags identified, 2 strengths noted.
How does Reading Room Inc spend its money?
Reading Room Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Reading Room Inc tax-deductible?
Reading Room Inc is registered as a tax-exempt nonprofit (EIN: 113727613). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Reading Room Inc. a good charity?
Based on the limited data, Reading Room Inc. operates on a very small scale with $10,757 in revenue and $53 in assets. While its mission is not detailed, its financial size suggests it may be a local, volunteer-driven effort. A 'good' charity depends on its impact relative to its resources, which cannot be fully assessed here.
How does Reading Room Inc. spend its money?
With only $10,757 in revenue, specific spending details are not provided in the summary. However, given its size, most funds are likely directed towards direct program activities, with minimal administrative or fundraising overhead.
What is the financial stability of Reading Room Inc.?
Reading Room Inc. has very low financial stability, with only $53 in assets and $10,757 in annual revenue. This indicates it operates on a 'hand-to-mouth' basis, with little to no financial reserves.
Data Sources and Methodology
This transparency report for Reading Room Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.