Books in Homes USA Inc

Analysis

Books in Homes USA Inc is a registered charity in United States, based in Bristol, PA. It received its IRS tax-exemption ruling in December 2008, 18 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, Books in Homes USA Inc reported income of $443k and spending of $468k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $263k to $443k (+69%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 53%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Books in Homes USA Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within PA. Charities of a similar size with the same main cause include Irish American Endowment for Education Inc ($443k), Kinderhook Memorial Library ($443k) and Next Step ($443k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $212k. At year end it held assets of $33k against liabilities of $11k, net assets of $23k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.