Make Way for Books

Analysis

Make Way for Books is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in March 1998, 28 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 2024, Make Way for Books reported income of $3.5m and spending of $3.1m, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.8m to $3.5m (+88%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Make Way for Books sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within AZ. Charities of a similar size with the same main cause include South Carolina Educational Credit for Exceptional Needs Children Fun ($3.5m), Boise Public Schools Education Foundation Inc ($3.5m) and French American School of Princeton ($3.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $151k (4.9% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $4.1m against liabilities of $1.2m, net assets of $2.9m. It reported 37 employees.