Books for Africa Inc
Analysis
Books for Africa Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in September 1993, 33 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Books for Africa Inc reported income of $23.9m and spending of $18.6m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $37.2m to $23.9m (-36%), an average of -10% a year. The sharpest change came in the year to June 2021, when income dropped by 32%. Over the whole period it spent 101% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Books for Africa Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within MN. Charities of a similar size with the same main cause include Thousand Currents ($23.8m), Foundation for the Defense of Democracies Inc ($23.9m) and Women for Women International ($23.7m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $194k (1.0% of expenses). Other salaries and wages came to $626k. At year end it held assets of $17.1m against liabilities of $506k, net assets of $16.6m. It reported 22 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 1.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Thousand Currents | San Francisco | $23.8m |
| Foundation for the Defense of Democracies Inc | Washington | $23.9m |
| Women for Women International | Washington | $23.7m |
| International Crisis Group | Washington | $24.0m |