Public Charity

OUR CITY READING INC

Based in READING, PA, OUR CITY READING INC operates as a Public Charity. The organization reported $7.3M in revenue, $613K in expenses, $74.2M in total assets for fiscal year 2024. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $650K.

EIN: 233080065 READING, PA Community & Neighborhood Development NTEE: S20 Latest filing: 2024
Total Revenue$7.3M
Total Expenses$613K
Total Assets$74.2M
Grant Records3
Funding Total$650K
Filing Years2019–2024

Mission

TO RESTORE RESIDENCES AND TO CONSTRUCT NEW BUILDINGS FOR NEW INDUSTRIES WITHIN THE CITY OF READING. TO REDEVELOP THE BUSINESS DISTRICTS OF THE CITY OF READING THROUGH RESTORATION OR CREATION OF NEW BUILDINGS. TO MANAGE AND BUILD APARTMENTS IN THE CITY OF READING.

Where $100 goes at Our City Reading Inc

How Our City Reading Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$43 Programs the work itself
$57 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $43 for programs

$43
Rehabilitiation of business district of city of Reading, pa
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Al Weber
DIRECTOR Craig Poole
DIRECTOR Dr Jerome Marcus
DIRECTOR Jack Gulati
CHAIRMAN James Boscov
VICE PRESIDENT John Connelly

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$650,500 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $7.3M $613K $74.2M
2023 $2.0M $588K $68.6M
2022 $1.7M $457K $67.9M
2020 $4.9M $529K $66.5M
2019 $1.6M $515K $63.5M

Between 2019 and 2024, reported annual revenue grew from $1.6M to $7.3M (+350%), with total assets most recently reported at $74.2M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for OUR CITY READING INC

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