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MISSION

The Reading Initiative is working to restore reading by advocating across platforms that precious formative years should be spent between the pages of a wonderful book, not in front of a screen.

 FORM 1023-EZ for READING INITIATIVE

THEREADINGINITIATIVE.ORG

DEMOGRAPHIC

ADDRESS
2000 N ST NW APT 218
20036
COUNTY
district of columbia county, DC

ORGANIZATIONAL OVERVIEW & RANKINGS

READING INITIATIVE is a based in WASHINGTON, DC, focused on Educational Institutions and Related Activities causes , specifically Student Services, Organizations of Students. Established in February 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,815,857 among 2,656,690 nonprofits nationally (Top 69%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 14,344 out of 21,233 organizations in DC (Top 68%).

In district of columbia county, DC, the organization ranks 12,976 out of 21,142 nonprofits by assets (Top 62%), while locally in washington, it stands at 12,834 among 21,053 organizations (Top 61%).

The organization reported no revenue in the most recent filing period, placing it at 783,928 nationally and 7,999 in DC.

Within its specific NTEE classification (B80 - B: Educational Institutions and Related Activities), which includes 6,969 similar organizations, READING INITIATIVE ranks 3,419 in assets (Top 49%) and 3,239 in revenue (Top 47%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2023 .

The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year. Additional information can be found at THEREADINGINITIATIVE.ORG.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
B: Educational Institutions and Related Activities
NTEE CODE
B80: Student Services, Organizations of Students
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

Note: A current revocation appears on the IRS revocation list
Revoked: Monday, May 15, 2023;

IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.

Data current as of Jul. 2023
TAX PERIOD
12/2019
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
02/2020
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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