Symposia Community Bookstore

Analysis

Symposia Community Bookstore is a registered charity in United States, based in Hoboken, NJ. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Symposia Community Bookstore reported income of $213k and spending of $220k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $141k to $213k (+51%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 39%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Symposia Community Bookstore sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 62nd percentile within NJ. Charities of a similar size with the same main cause include The Souper Bowl of Caring Inc ($213k), Christian Chefs International ($214k) and Perry Adult Living Inc ($213k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $62k (28% of expenses). At year end it held assets of $149k against liabilities of $2,000, net assets of $147k. It reported 1 employees.