Bookworm Gardens
Analysis
Bookworm Gardens is a registered charity in United States, based in Sheboygan, WI. It received its IRS tax-exemption ruling in August 2005, 21 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 December 2023, Bookworm Gardens reported income of $1.6m and spending of $1.1m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $898k to $1.6m (+73%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 80% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Bookworm Gardens sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within WI. Charities of a similar size with the same main cause include Camp Catanese Foundation ($1.6m), Folds of Honor Foundation ($1.6m) and Foundation for Chiropractic Education ($1.6m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $88k (7.9% of expenses). Other salaries and wages came to $619k. At year end it held assets of $4.1m against liabilities of $140k, net assets of $4.0m. It reported 33 employees.
Income and spending
Where the income comes from
- Contributions & grants 73%
- Program services 23%
- Other 3.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Camp Catanese Foundation | Phoenix | $1.6m |
| Folds of Honor Foundation | Chesterfield | $1.6m |
| Foundation for Chiropractic Education | Georgetown | $1.6m |
| Phoenix Charter Academy Foundation | Boston | $1.6m |