Books Brushes & Bands for Education Inc

Analysis

Books Brushes & Bands for Education Inc is a registered charity in United States, based in Hammond, IN. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 August 2023, Books Brushes & Bands for Education Inc reported income of $71k and spending of $71k, spending 101% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $37k to $71k (+92%), an average of +92% a year. The sharpest change came in the year to August 2023, when income rose by 92%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Books Brushes & Bands for Education Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within IN. Charities of a similar size with the same main cause include Arkansas Association of Instructional Media ($71k), All Nations Gathering Center ($71k) and Penn Brad Historical Oil Well Corporation ($71k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 61% and program service revenue 29% of the total. At year end it held assets of $96k against liabilities of $2,856, net assets of $93k.