Moments with the Book

Analysis

Moments with the Book is a registered charity in United States, based in Bedford, PA. 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, Moments with the Book reported income of $2.6m and spending of $2.3m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.6m (+111%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Moments with the Book sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include Grace ($2.6m), Eat Real Certified Inc ($2.6m) and Pennyroyal Hospice Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $221k (9.6% of expenses). Other salaries and wages came to $204k. At year end it held assets of $2.2m against liabilities of $419k, net assets of $1.8m. It reported 13 employees.