Massachusetts Center for the Book Inc

Analysis

Massachusetts Center for the Book Inc is a registered charity in United States, based in Northampton, MA. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Massachusetts Center for the Book Inc reported income of $411k and spending of $476k, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $213k to $411k (+93%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 40%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Massachusetts Center for the Book Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include Millersville International House ($411k), Wranglerette Booster Club ($411k) and Operation Peace Northeast Inc ($411k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $128k (27% of expenses). Other salaries and wages came to $102k. At year end it held assets of $323k against liabilities of $113k, net assets of $210k. It reported 6 employees.