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

FY2024 · 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
Plus $19.7M in investments, Pt X · Ln 11–13
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
$10.1M
13% of total assets
Looks good: liabilities are 13% of assets; 50% or less.
Pt X · Ln 26
Independent board members
22
of 23 voting members
Looks good: 22 of 23 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$66.5M
+9% vs prior year
Spent
$62.9M
To programs
86%
Net assets
$68.2M
By yearFY2020–FY2025
Revenue
$66.5M
FY2024▲ +9%
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
$62.9M
FY2024▼ -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
$68.2M
FY2024▲ +7%
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 FY2024 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 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% · $54.1M Management & general 4% · $2.7M Fundraising 10% · $6.1M

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

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

Part VII, Section A · reportable compensation
CEO / Director
$361,002Pt VII · Sec A
$268,258Pt VII · Sec A
Chief Program Officer
$260,714Pt VII · Sec A
Chief Devcom Officer
$253,057Pt VII · Sec A
Chief People and Technology Officer
$240,966Pt VII · Sec A
Chief Program Implementation Officer
$237,746Pt VII · Sec A
Vice President Finance
$209,402Pt VII · Sec A
Vice President Global Partnership
$203,145Pt 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.

See Room to Read executive salaries →

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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 · $54.1M · in their own filed words · FY2024
01

Room to read's literacy program portfolio supports children in developing literacy skills and a love of reading by training and coaching educators, creating quality curriculum and children's book content in local languages, and enriching learning spaces that enable children to become independent readers.

$42.9Mprogram expense
02

Room to read's gender equality program portfolio supports all adolescents, particularly girls, to develop life skills that promote gender equality with curriculum that focuses on collaboration, resilience, leadership, decision-making and critical THINKING.TO date, room to read has benefited 4.03 MM children through its gender equality…

$11.2Mprogram 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 FY2024 990, line by line.

1The main four
Money inPt VIII
$66.5M
Ln 12
Gifts and grantsLn 1h$66.8M
Investment incomeLn 3$600K
Money outPt IX
$62.9M
Ln 25
Programscol B$54.1M
Managementcol C$2.7M
Fundraisingcol D$6.1M
Owns and owesPt X
$68.2M
net assets · Ln 32
Cash and savingsLn 1–2$17.1M
Total assetsLn 16$78.3M
LiabilitiesLn 26$10.1M
PeoplePt VI, VII
31
listed · VII A
PaidVII A9
Voting boardVI 1a23
IndependentVI 1b22
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$66.8M
Government grantsLn 1e$4.3M
Noncash giftsLn 1g$5.6M
Fundraising eventsLn 1c$4.0M
Investment incomeLn 3$600K
Gains on assetsLn 7$1K
Total revenueLn 12$66.5M
Assets in detailPt X, end of year
CashLn 1$7.6M
SavingsLn 2$9.5M
Cash and savings togetherLn 1–2$17.1M
InvestmentsLn 11–13$19.7M
Land, buildings, equipmentLn 10c$38K
Other assetsLn 15$4.7M
Total assetsLn 16$78.3M
LiabilitiesLn 26$10.1M
Net assetsLn 32$68.2M
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 FY24End FY24
Cash and savingsLn 1–2$18.0M$17.1M
InvestmentsLn 11–13$17.8M$19.7M
Land, buildings, equipmentLn 10c$52K$38K
Total assetsLn 16$74.2M$78.3M
LiabilitiesLn 26$10.7M$10.1M
Net assetsLn 32$63.5M$68.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$2.0M$2.0M
Pay of current officers, directors and key staffLn 5$1.1M$556K$461K$40K
Other salaries and wagesLn 7$28.2M$22.9M$1.3M$4.1M
Pension plan contributionsLn 8$713K$440K$68K$205K
Other employee benefitsLn 9$4.4M$3.9M$123K$363K
Payroll taxesLn 10$979K$568K$120K$291K
Legal feesLn 11b$98K$69K$23K$6K
Accounting feesLn 11c$345K$143K$137K$65K
Other fees for servicesLn 11g$1.9M$1.5M$116K$295K
Advertising and promotionLn 12$19K$19K
Office expensesLn 13$266K$264K$418$2K
Information technologyLn 14$1.8M$1.7M$18K$117K
OccupancyLn 16$2.1M$1.7M$100K$322K
TravelLn 17$1.6M$1.3M$63K$170K
Conferences, conventions and meetingsLn 19$298K$278K$14K$6K
Depreciation, depletion and amortizationLn 22$14K$9K$1K$4K
InsuranceLn 23$103K$69K$33K$1K
Other expenses (24a–d)Ln 24$15.2M$15.1M$44K$22K
All other expensesLn 24e$1.7M$1.5M$60K$122K
Total functional expensesLn 25$62.9M$54.1M$2.7M$6.1M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $74.0M$64.6M$9.4M$80.7M 990 PDF
FY2024 Viewing $66.5M$62.9M$3.7M$68.2M 990 PDF
FY2023 $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 FY2024 990 (6 parts)
Part I · Summary $66,520,184 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $61,036,639$66,816,180
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $490,851$600,497
I-11 Other revenuePrior year −$455,609−$896,493
I-12 Total revenuePrior year $61,071,881$66,520,184
I-13 Grants and similar amounts paidPrior year $2,558,873$2,038,408
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $35,164,950$35,360,381
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $27,284,031$25,469,616
I-18 Total expensesPrior year $65,007,854$62,868,405
I-19 Revenue less expensesPrior year −$3,935,973$3,651,779
Part VI · Governance 22 of 23 board members independent, no flags
VI-1a Voting members of the governing body23
VI-1b Independent voting members22
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 $66,520,184 across 10 lines filed
VIII-1c Fundraising events$4,041,121
VIII-1e Government grants$4,335,490
VIII-1f All other contributions, gifts and grants$58,439,569
VIII-1g Noncash contributions (included above)$5,639,292
VIII-1h Total contributions, gifts and grants$66,816,180
VIII-3 Investment incomeExcluded from tax $599,459$599,459
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,038$1,038
VIII-8 Net income from fundraising eventsExcluded from tax −$876,531−$876,531
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $13,400 · Excluded from tax −$33,362−$19,962
VIII-12 Total revenueRelated to mission $13,400 · Unrelated business $0 · Excluded from tax −$309,396$66,520,184
Part IX · Statement of functional expenses $62,868,405 across 19 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $2,038,408$2,038,408
IX-5 Pay of current officers, directors and key staffPrograms $556,044 · Management $460,617 · Fundraising $39,893$1,056,554
IX-7 Other salaries and wagesPrograms $22,855,791 · Management $1,307,263 · Fundraising $4,066,509$28,229,563
IX-8 Pension plan contributionsPrograms $440,206 · Management $68,298 · Fundraising $204,713$713,217
IX-9 Other employee benefitsPrograms $3,895,197 · Management $123,325 · Fundraising $363,146$4,381,668
IX-10 Payroll taxesPrograms $567,605 · Management $120,404 · Fundraising $291,370$979,379
IX-11b Legal feesPrograms $68,684 · Management $23,459 · Fundraising $6,010$98,153
IX-11c Accounting feesPrograms $142,509 · Management $136,550 · Fundraising $65,463$344,522
IX-11g Other fees for servicesPrograms $1,500,294 · Management $116,036 · Fundraising $294,606$1,910,936
IX-12 Advertising and promotionFundraising $18,731$18,731
IX-13 Office expensesPrograms $264,077 · Management $418 · Fundraising $1,990$266,485
IX-14 Information technologyPrograms $1,695,172 · Management $18,460 · Fundraising $117,464$1,831,096
IX-16 OccupancyPrograms $1,685,419 · Management $100,433 · Fundraising $321,803$2,107,655
IX-17 TravelPrograms $1,327,501 · Management $63,442 · Fundraising $170,214$1,561,157
IX-19 Conferences, conventions and meetingsPrograms $278,460 · Management $14,416 · Fundraising $5,622$298,498
IX-22 Depreciation, depletion and amortizationPrograms $8,933 · Management $1,465 · Fundraising $3,681$14,079
IX-23 InsurancePrograms $69,043 · Management $32,632 · Fundraising $1,342$103,017
IX-24 Other expenses (24a–d)Programs $15,138,097 · Management $43,863 · Fundraising $21,785$15,203,745
IX-24e All other expensesPrograms $1,529,734 · Management $59,756 · Fundraising $122,052$1,711,542
IX-25 Total functional expensesPrograms $54,061,174 · Management $2,690,837 · Fundraising $6,116,394$62,868,405
Part X · Balance sheet $78,284,208 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $8,001,540$7,604,867
X-2 Savings and temporary cash investmentsStart of year $9,971,849$9,539,565
X-3 Pledges and grants receivableStart of year $29,518,450$32,414,110
X-4 Accounts receivableStart of year $170,197$353,451
X-8 Inventories for sale or useStart of year $1,209,193$0
X-9 Prepaid expenses and deferred chargesStart of year $1,251,207$3,896,248
X-10c Land, buildings and equipment, netStart of year $52,008$37,929
X-11 Publicly traded securitiesStart of year $17,785,090$19,728,301
X-15 Other assetsStart of year $6,232,618$4,709,737
X-16 Total assetsStart of year $74,192,152$78,284,208
X-17 Accounts payable and accrued expensesStart of year $820,796$1,162,154
X-19 Deferred revenueStart of year $804,215$358,652
X-25 Other liabilitiesStart of year $9,047,079$8,601,514
X-26 Total liabilitiesStart of year $10,672,090$10,122,320
X-27 Net assets without donor restrictionsStart of year $32,257,094$35,423,425
X-28 Net assets with donor restrictionsStart of year $31,262,968$32,738,463
X-32 Total net assets or fund balancesStart of year $63,520,062$68,161,888
X-33 Total liabilities and net assetsStart of year $74,192,152$78,284,208
Part XI · Reconciliation of net assets $68,161,888 net assets at year end
XI-1 Total revenue$66,520,184
XI-2 Total expenses$62,868,405
XI-3 Revenue less expenses$3,651,779
XI-4 Net assets at start of year$63,520,062
XI-5 Net unrealized gains (losses) on investments$1,996,655
XI-6 Donated services and use of facilities$264,980
XI-9 Other changes in net assets−$1,271,588
XI-10 Net assets at end of year$68,161,888

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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