US Board on Books for Young People Inc

Analysis

US Board on Books for Young People Inc is a registered charity in United States, based in Wheeling, IL. It received its IRS tax-exemption ruling in March 1979, 47 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, US Board on Books for Young People Inc reported income of $210k and spending of $44k, leaving 79% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $83k to $210k (+153%), an average of +153% a year. The sharpest change came in the year to December 2023, when income rose by 153%. Over the whole period it spent 39% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, US Board on Books for Young People Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within IL. Charities of a similar size with the same main cause include Providence Atwood Park Housing Development Fund Company Inc ($210k), Superior Youth Organization Inc City Hall ($210k) and Institute of Classical Architecture and Art Inc ($210k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 8.5% of the total. At year end it held assets of $318k against liabilities of $2,098, net assets of $316k.