Books Are Wings

Analysis

Books Are Wings is a registered charity in United States, based in Pawtucket, RI. It received its IRS tax-exemption ruling in May 2002, 24 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 Are Wings reported income of $242k and spending of $287k, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $201k to $242k (+21%), an average of +4.8% a year. The sharpest change came in the year to June 2020, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Books Are Wings sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 54th percentile within RI. Charities of a similar size with the same main cause include Legacy Academy of Delaware Inc ($242k), Wildflower Foundation ($242k) and Washington Open Parent Faculty Group ($242k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $50k (17% of expenses). Other salaries and wages came to $75k. At year end it held assets of $106k against liabilities of $0, net assets of $106k. It reported 4 employees.