Boston Book Festival Inc

Analysis

Boston Book Festival Inc is a registered charity in United States, based in Brighton, MA. It received its IRS tax-exemption ruling in September 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 December 2023, Boston Book Festival Inc reported income of $669k and spending of $622k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $510k to $669k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Boston Book Festival Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MA. Charities of a similar size with the same main cause include Cresthaven Academy Foundation Inc ($669k), Anchor Christian Academy ($669k) and New England School of Metalwork ($669k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $92k (15% of expenses). Other salaries and wages came to $56k. At year end it held assets of $488k against liabilities of $21k, net assets of $466k. It reported 2 employees.