Room to Read envisions a world free from illiteracy and gender inequality, where all children have Room to Read, learn and grow.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$2.1M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $7.3M a year · 11% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.1M
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Plus $21.0M in investments, Pt X · Ln 11–13
Fine: 2.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $292K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$9.1M
13% of total assets
Looks good: liabilities are 13% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 19 voting members
Looks good: 18 of 19 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$59.4M
-32% vs prior year
Spent
$66.9M
To programs
86%
Net assets
$63.5M
By yearFY2020–FY2025
Revenue
$59.4M
FY2022▼ -32%
Tap a bar for its year
Revenue by fiscal year
FY2020$62.0M
FY2021$87.9M
FY2022$59.4M
FY2023$61.1M
FY2024$66.5M
FY2025$74.0M
Expenses
$66.9M
FY2022▲ +12%
Tap a bar for its year
Expenses by fiscal year
FY2020$48.0M
FY2021$59.5M
FY2022$66.9M
FY2023$65.0M
FY2024$62.9M
FY2025$64.6M
Net assets
$63.5M
FY2022▼ -14%
Tap a bar for its year
Net assets by fiscal year
FY2020$44.3M
FY2021$74.2M
FY2022$63.5M
FY2023$63.5M
FY2024$68.2M
FY2025$80.7M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1999.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $57.7M Management & general 4% · $2.8M Fundraising 10% · $6.4M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

27 people listed on the 990; $2.1M paid to officers and key staff.

Part VII, Section A · reportable compensation
CEO / Director
$358,527Pt VII · Sec A
$264,140Pt VII · Sec A
Chief Program Officer
$259,241Pt VII · Sec A
Chief Devcom Officer
$233,677Pt VII · Sec A
Chief Operating Officer
$224,902Pt VII · Sec A
Chief Program Implementation Officer
$220,997Pt VII · Sec A
Vice President, Rme
$209,198Pt VII · Sec A
Vice President, Finance
$208,513Pt VII · Sec A

Geetha Murali’s $405K as CEO / Director is at the 81st percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Geetha Murali$404,538$361,002$353,520$358,527$281,688$245,915
Shari Freedman$294,555$268,258$262,537$264,140$209,883$197,611
Laurie McMahon$286,072$253,057$234,855$233,677$222,286$189,275
Heather Simpson$281,627$260,714$255,314$259,241$204,181$189,445
Michael Bowers$259,489$237,746$235,976$220,997$175,933—
Cynthia Orme$229,001$240,966$235,976———
Nicole Sayres———$224,902$211,078$192,941
Nancy Shyer$221,930$209,402$205,067$208,513$179,765$159,867

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowering children with literacy and gender equality through education.

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Provided by the organization

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2 programs · $57.7M · in their own filed words · FY2022
01

Our literacy program transforms primary schools to enable children to become independent readers and lifelong learners. Our literacy program trains and coaches teachers, creates quality books and curricular materials and establishes libraries filled with diverse children's books in local languages that can be enjoyed at school or home.

$40.8Mprogram expense
02

Our girls' education program helps girls build the skills to succeed in school and make key life decisions. We prepare girls to make positive change by providing life skills curriculum, opportunities for mentorship and peer support and family and community engagement.

$16.9Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Afognak FundFY2025$50K
Total grants receivedfrom 6 funders$292K
See all 6 funders →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$59.4M
Ln 12
Gifts and grantsLn 1h$63.4M
Investment incomeLn 3$351K
Money outPt IX
$66.9M
Ln 25
Programscol B$57.7M
Managementcol C$2.8M
Fundraisingcol D$6.4M
Owns and owesPt X
$63.5M
net assets · Ln 32
Cash and savingsLn 1–2$11.7M
Total assetsLn 16$72.7M
LiabilitiesLn 26$9.1M
PeoplePt VI, VII
27
listed · VII A
PaidVII A9
Voting boardVI 1a19
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$63.4M
Government grantsLn 1e$3.6M
Noncash giftsLn 1g$6.5M
Fundraising eventsLn 1c$263K
Investment incomeLn 3$351K
Gains on assetsLn 7−$4.0M
Total revenueLn 12$59.4M
Assets in detailPt X, end of year
CashLn 1$11.0M
SavingsLn 2$711K
Cash and savings togetherLn 1–2$11.7M
InvestmentsLn 11–13$21.0M
Land, buildings, equipmentLn 10c$66K
Other assetsLn 15$4.5M
Total assetsLn 16$72.7M
LiabilitiesLn 26$9.1M
Net assetsLn 32$63.5M
OperationsPt I, VI
EmployeesI 578
VolunteersI 615,733
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$14.1M$11.7M
InvestmentsLn 11–13$40.9M$21.0M
Land, buildings, equipmentLn 10c$74K$66K
Total assetsLn 16$79.9M$72.7M
LiabilitiesLn 26$5.7M$9.1M
Net assetsLn 32$74.2M$63.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$2.9M$2.9M
Pay of current officers, directors and key staffLn 5$1.0M$625K$329K$66K
Other salaries and wagesLn 7$26.9M$22.1M$1.2M$3.7M
Pension plan contributionsLn 8$479K$309K$58K$112K
Other employee benefitsLn 9$4.3M$3.9M$86K$324K
Payroll taxesLn 10$902K$547K$108K$247K
Legal feesLn 11b$211K$121K$86K$4K
Accounting feesLn 11c$393K$217K$122K$55K
Other fees for servicesLn 11g$7.1M$6.0M$283K$772K
Advertising and promotionLn 12$36K$36K
Office expensesLn 13$437K$392K$14K$31K
Information technologyLn 14$1.8M$1.5M$16K$305K
OccupancyLn 16$1.9M$1.6M$141K$197K
TravelLn 17$1.5M$1.2M$55K$151K
Conferences, conventions and meetingsLn 19$173K$171K$588$1K
Depreciation, depletion and amortizationLn 22$13K$9K$2K$2K
InsuranceLn 23$105K$75K$27K$4K
Other expenses (24a–d)Ln 24$14.0M$13.7M$192K$31K
All other expensesLn 24e$2.7M$2.3M$57K$390K
Total functional expensesLn 25$66.9M$57.7M$2.8M$6.4M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $74.0M$64.6M$9.4M$80.7M 990 PDF
FY2024 $66.5M$62.9M$3.7M$68.2M 990 PDF
FY2023 $61.1M$65.0M−$3.9M$63.5M 990 PDF
FY2022 Viewing $59.4M$66.9M−$7.5M$63.5M 990 PDF
FY2021 $87.9M$59.5M$28.4M$74.2M 990 PDF
FY2020 $62.0M$48.0M$13.9M$44.3M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign M · Noncash J · Pay O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $59,353,421 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $87,376,403$63,414,883
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $483,432−$3,639,594
I-11 Other revenuePrior year −$5,284−$421,868
I-12 Total revenuePrior year $87,854,551$59,353,421
I-13 Grants and similar amounts paidPrior year $1,336,286$2,863,916
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $29,798,897$33,670,794
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $28,320,291$30,335,214
I-18 Total expensesPrior year $59,455,474$66,869,924
I-19 Revenue less expensesPrior year $28,399,077−$7,516,503
Part VI · Governance 18 of 19 board members independent, no flags
VI-1a Voting members of the governing body19
VI-1b Independent voting members18
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $59,353,421 across 10 lines filed
VIII-1c Fundraising events$263,181
VIII-1e Government grants$3,639,620
VIII-1f All other contributions, gifts and grants$59,512,082
VIII-1g Noncash contributions (included above)$6,457,524
VIII-1h Total contributions, gifts and grants$63,414,883
VIII-3 Investment incomeExcluded from tax $350,518$350,518
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$3,990,112−$3,990,112
VIII-8 Net income from fundraising eventsExcluded from tax −$466,846−$466,846
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $18,000 · Excluded from tax $26,978$44,978
VIII-12 Total revenueRelated to mission $18,000 · Unrelated business $0 · Excluded from tax −$4,079,462$59,353,421
Part IX · Statement of functional expenses $66,869,924 across 19 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $2,863,916$2,863,916
IX-5 Pay of current officers, directors and key staffPrograms $625,311 · Management $329,011 · Fundraising $65,554$1,019,876
IX-7 Other salaries and wagesPrograms $22,077,435 · Management $1,196,470 · Fundraising $3,658,491$26,932,396
IX-8 Pension plan contributionsPrograms $308,636 · Management $58,090 · Fundraising $111,994$478,720
IX-9 Other employee benefitsPrograms $3,928,353 · Management $86,079 · Fundraising $323,776$4,338,208
IX-10 Payroll taxesPrograms $547,134 · Management $107,631 · Fundraising $246,829$901,594
IX-11b Legal feesPrograms $121,266 · Management $85,662 · Fundraising $4,423$211,351
IX-11c Accounting feesPrograms $217,104 · Management $121,549 · Fundraising $54,730$393,383
IX-11g Other fees for servicesPrograms $6,022,705 · Management $282,529 · Fundraising $771,650$7,076,884
IX-12 Advertising and promotionFundraising $36,480$36,480
IX-13 Office expensesPrograms $392,141 · Management $13,928 · Fundraising $30,735$436,804
IX-14 Information technologyPrograms $1,518,184 · Management $15,551 · Fundraising $305,495$1,839,230
IX-16 OccupancyPrograms $1,586,598 · Management $140,812 · Fundraising $197,198$1,924,608
IX-17 TravelPrograms $1,248,065 · Management $55,199 · Fundraising $150,983$1,454,247
IX-19 Conferences, conventions and meetingsPrograms $170,646 · Management $588 · Fundraising $1,426$172,660
IX-22 Depreciation, depletion and amortizationPrograms $8,817 · Management $2,007 · Fundraising $2,295$13,119
IX-23 InsurancePrograms $74,886 · Management $26,557 · Fundraising $3,649$105,092
IX-24 Other expenses (24a–d)Programs $13,730,677 · Management $192,295 · Fundraising $31,344$13,954,316
IX-24e All other expensesPrograms $2,269,792 · Management $57,093 · Fundraising $390,155$2,717,040
IX-25 Total functional expensesPrograms $57,711,666 · Management $2,771,051 · Fundraising $6,387,207$66,869,924
Part X · Balance sheet $72,676,292 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $12,182,760$10,961,661
X-2 Savings and temporary cash investmentsStart of year $1,882,356$710,657
X-3 Pledges and grants receivableStart of year $21,568,442$29,456,572
X-4 Accounts receivableStart of year $281,467$192,678
X-8 Inventories for sale or useStart of year $1,753,478$4,573,546
X-9 Prepaid expenses and deferred chargesStart of year $1,022,538$1,253,095
X-10c Land, buildings and equipment, netStart of year $73,597$66,127
X-11 Publicly traded securitiesStart of year $40,916,968$20,968,687
X-15 Other assetsStart of year $262,823$4,493,269
X-16 Total assetsStart of year $79,944,429$72,676,292
X-17 Accounts payable and accrued expensesStart of year $808,424$982,468
X-19 Deferred revenueStart of year $764,892$718,146
X-25 Other liabilitiesStart of year $4,141,291$7,446,565
X-26 Total liabilitiesStart of year $5,714,607$9,147,179
X-27 Net assets without donor restrictionsStart of year $49,122,464$34,293,203
X-28 Net assets with donor restrictionsStart of year $25,107,358$29,235,910
X-32 Total net assets or fund balancesStart of year $74,229,822$63,529,113
X-33 Total liabilities and net assetsStart of year $79,944,429$72,676,292
Part XI · Reconciliation of net assets $63,529,113 net assets at year end
XI-1 Total revenue$59,353,421
XI-2 Total expenses$66,869,924
XI-3 Revenue less expenses−$7,516,503
XI-4 Net assets at start of year$74,229,822
XI-5 Net unrealized gains (losses) on investments−$2,625,087
XI-6 Donated services and use of facilities$356,171
XI-9 Other changes in net assets−$915,290
XI-10 Net assets at end of year$63,529,113

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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