Four Way Books Inc

Analysis

Four Way Books Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Four Way Books Inc reported income of $410k and spending of $517k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $353k to $410k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2020, when income rose by 25%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Four Way Books Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include American Independence Center ($410k), Kyl Dancers Inc ($410k) and Art As Mentorship Inc ($410k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $73k (14% of expenses). Other salaries and wages came to $134k. It paid $9,000 in professional fundraising fees. At year end it held assets of $83k against liabilities of $16k, net assets of $66k. It reported 4 employees.