Books for International Goodwill Foundation Inc

Analysis

Books for International Goodwill Foundation Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Books for International Goodwill Foundation Inc reported income of $217k and spending of $144k, leaving 34% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $197k to $217k (+10%), an average of +10% a year. Over the whole period it spent 61% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Books for International Goodwill Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within MD. Charities of a similar size with the same main cause include The Hamlin Jaeger and Massina Charitable Foundation ($217k), African Millennium Foundation ($217k) and 216 Somerset Company ($217k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.2% and program service revenue 84% of the total. At year end it held assets of $466k against liabilities of $0, net assets of $466k.