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

FY2023 · 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
3 mo
of spending, in cash
Looks good: 3.3 months of spending in cash; 3 or more.
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
$10.7M
14% of total assets
Looks good: liabilities are 14% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 21 voting members
Looks good: 20 of 21 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$61.1M
+3% vs prior year
Spent
$65.0M
To programs
86%
Net assets
$63.5M
By yearFY2020–FY2025
Revenue
$61.1M
FY2023▲ +3%
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
$65.0M
FY2023▼ -3%
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
FY2023-0.01%
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 FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 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% · $56.2M Management & general 4% · $2.6M Fundraising 9% · $6.2M

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

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

Part VII, Section A · reportable compensation
CEO / Director
$353,520Pt VII · Sec A
$262,537Pt VII · Sec A
Chief Program Officer
$255,314Pt VII · Sec A
Chief People and Technology Officer
$235,976Pt VII · Sec A
Chief Program Implementati
$235,976Pt VII · Sec A
Chief Devcom Officer
$234,855Pt VII · Sec A
Vice President, Marcom
$214,878Pt VII · Sec A
Vice President Finance
$205,067Pt 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 · $56.2M · in their own filed words · FY2023
01

Room to read's literacy program supports children as they develop into independent readers and lifelong learners who are breaking the cycle of illiteracy within their own families. Our literacy program trains and coaches cohorts of teachers, creates quality books and curricular materials and establishes libraries filled with diverse…

$43.1Mprogram expense
02

Room to read's girls' education program ensures that girls build the skills to succeed in school and negotiate key life decisions. We support girls as they develop their power as positive change agents by providing critical knowledge, life skills classes, mentorship, peer support, and family and community engagement.

$13.1Mprogram 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 FY2023 990, line by line.

1The main four
Money inPt VIII
$61.1M
Ln 12
Gifts and grantsLn 1h$61.0M
Investment incomeLn 3$491K
Money outPt IX
$65.0M
Ln 25
Programscol B$56.2M
Managementcol C$2.6M
Fundraisingcol D$6.2M
Owns and owesPt X
$63.5M
net assets · Ln 32
Cash and savingsLn 1–2$18.0M
Total assetsLn 16$74.2M
LiabilitiesLn 26$10.7M
PeoplePt VI, VII
30
listed · VII A
PaidVII A9
Voting boardVI 1a21
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$61.0M
Government grantsLn 1e$2.4M
Noncash giftsLn 1g$4.2M
Fundraising eventsLn 1c$86K
Investment incomeLn 3$491K
Gains on assetsLn 7−$3K
Total revenueLn 12$61.1M
Assets in detailPt X, end of year
CashLn 1$8.0M
SavingsLn 2$10.0M
Cash and savings togetherLn 1–2$18.0M
InvestmentsLn 11–13$17.8M
Land, buildings, equipmentLn 10c$52K
Other assetsLn 15$6.2M
Total assetsLn 16$74.2M
LiabilitiesLn 26$10.7M
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 FY23End FY23
Cash and savingsLn 1–2$11.7M$18.0M
InvestmentsLn 11–13$21.0M$17.8M
Land, buildings, equipmentLn 10c$66K$52K
Total assetsLn 16$72.7M$74.2M
LiabilitiesLn 26$9.1M$10.7M
Net assetsLn 32$63.5M$63.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$2.6M$2.6M
Pay of current officers, directors and key staffLn 5$1.0M$580K$413K$43K
Other salaries and wagesLn 7$27.8M$22.7M$1.4M$3.8M
Pension plan contributionsLn 8$719K$442K$75K$202K
Other employee benefitsLn 9$4.6M$4.1M$136K$355K
Payroll taxesLn 10$978K$590K$126K$262K
Legal feesLn 11b$103K$74K$25K$4K
Accounting feesLn 11c$369K$181K$128K$61K
Other fees for servicesLn 11g$2.8M$2.4M$105K$278K
Advertising and promotionLn 12$17K$17K
Office expensesLn 13$360K$357K$1K$2K
Information technologyLn 14$2.1M$1.9M$12K$156K
OccupancyLn 16$2.1M$1.6M$99K$332K
TravelLn 17$1.4M$1.2M$58K$121K
Conferences, conventions and meetingsLn 19$109K$106K$36$3K
Depreciation, depletion and amortizationLn 22$14K$9K$1K$4K
InsuranceLn 23$101K$71K$29K$920
Other expenses (24a–d)Ln 24$15.3M$15.3M$17K$18K
All other expensesLn 24e$2.6M$2.0M$53K$512K
Total functional expensesLn 25$65.0M$56.2M$2.6M$6.2M

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 Viewing $61.1M$65.0M−$3.9M$63.5M 990 PDF
FY2022 $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 FY2023 990 (6 parts)
Part I · Summary $61,071,881 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $63,414,883$61,036,639
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year −$3,639,594$490,851
I-11 Other revenuePrior year −$421,868−$455,609
I-12 Total revenuePrior year $59,353,421$61,071,881
I-13 Grants and similar amounts paidPrior year $2,863,916$2,558,873
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $33,670,794$35,164,950
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $30,335,214$27,284,031
I-18 Total expensesPrior year $66,869,924$65,007,854
I-19 Revenue less expensesPrior year −$7,516,503−$3,935,973
Part VI · Governance 20 of 21 board members independent, no flags
VI-1a Voting members of the governing body21
VI-1b Independent voting members20
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 $61,071,881 across 10 lines filed
VIII-1c Fundraising events$85,795
VIII-1e Government grants$2,424,173
VIII-1f All other contributions, gifts and grants$58,526,671
VIII-1g Noncash contributions (included above)$4,223,934
VIII-1h Total contributions, gifts and grants$61,036,639
VIII-3 Investment incomeExcluded from tax $493,763$493,763
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$2,912−$2,912
VIII-8 Net income from fundraising eventsExcluded from tax −$532,225−$532,225
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $47,363 · Excluded from tax $29,253$76,616
VIII-12 Total revenueRelated to mission $47,363 · Unrelated business $0 · Excluded from tax −$12,121$61,071,881
Part IX · Statement of functional expenses $65,007,854 across 19 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $2,558,873$2,558,873
IX-5 Pay of current officers, directors and key staffPrograms $580,410 · Management $412,858 · Fundraising $43,387$1,036,655
IX-7 Other salaries and wagesPrograms $22,705,151 · Management $1,359,862 · Fundraising $3,784,509$27,849,522
IX-8 Pension plan contributionsPrograms $442,295 · Management $74,700 · Fundraising $202,283$719,278
IX-9 Other employee benefitsPrograms $4,090,491 · Management $136,141 · Fundraising $354,597$4,581,229
IX-10 Payroll taxesPrograms $590,304 · Management $125,568 · Fundraising $262,394$978,266
IX-11b Legal feesPrograms $74,079 · Management $24,814 · Fundraising $3,735$102,628
IX-11c Accounting feesPrograms $180,640 · Management $128,216 · Fundraising $60,620$369,476
IX-11g Other fees for servicesPrograms $2,418,131 · Management $105,388 · Fundraising $278,104$2,801,623
IX-12 Advertising and promotionFundraising $16,594$16,594
IX-13 Office expensesPrograms $356,696 · Management $1,202 · Fundraising $2,275$360,173
IX-14 Information technologyPrograms $1,915,921 · Management $12,190 · Fundraising $156,113$2,084,224
IX-16 OccupancyPrograms $1,632,435 · Management $98,597 · Fundraising $331,650$2,062,682
IX-17 TravelPrograms $1,175,557 · Management $58,337 · Fundraising $120,543$1,354,437
IX-19 Conferences, conventions and meetingsPrograms $106,232 · Management $36 · Fundraising $3,010$109,278
IX-22 Depreciation, depletion and amortizationPrograms $8,894 · Management $1,477 · Fundraising $3,752$14,123
IX-23 InsurancePrograms $71,148 · Management $29,077 · Fundraising $920$101,145
IX-24 Other expenses (24a–d)Programs $15,284,293 · Management $17,357 · Fundraising $18,389$15,320,039
IX-24e All other expensesPrograms $2,022,487 · Management $53,065 · Fundraising $512,057$2,587,609
IX-25 Total functional expensesPrograms $56,214,037 · Management $2,638,885 · Fundraising $6,154,932$65,007,854
Part X · Balance sheet $74,192,152 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $10,961,661$8,001,540
X-2 Savings and temporary cash investmentsStart of year $710,657$9,971,849
X-3 Pledges and grants receivableStart of year $29,456,572$29,518,450
X-4 Accounts receivableStart of year $192,678$170,197
X-8 Inventories for sale or useStart of year $4,573,546$1,209,193
X-9 Prepaid expenses and deferred chargesStart of year $1,253,095$1,251,207
X-10c Land, buildings and equipment, netStart of year $66,127$52,008
X-11 Publicly traded securitiesStart of year $20,968,687$17,785,090
X-15 Other assetsStart of year $4,493,269$6,232,618
X-16 Total assetsStart of year $72,676,292$74,192,152
X-17 Accounts payable and accrued expensesStart of year $982,468$820,796
X-19 Deferred revenueStart of year $718,146$804,215
X-25 Other liabilitiesStart of year $7,446,565$9,047,079
X-26 Total liabilitiesStart of year $9,147,179$10,672,090
X-27 Net assets without donor restrictionsStart of year $34,293,203$32,257,094
X-28 Net assets with donor restrictionsStart of year $29,235,910$31,262,968
X-32 Total net assets or fund balancesStart of year $63,529,113$63,520,062
X-33 Total liabilities and net assetsStart of year $72,676,292$74,192,152
Part XI · Reconciliation of net assets $63,520,062 net assets at year end
XI-1 Total revenue$61,071,881
XI-2 Total expenses$65,007,854
XI-3 Revenue less expenses−$3,935,973
XI-4 Net assets at start of year$63,529,113
XI-5 Net unrealized gains (losses) on investments$2,113,181
XI-6 Donated services and use of facilities$1,489,080
XI-9 Other changes in net assets$324,661
XI-10 Net assets at end of year$63,520,062

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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