Books and Wings Foundation of Guatemala

Analysis

Books and Wings Foundation of Guatemala is a registered charity in United States, based in Redwood City, CA. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Books and Wings Foundation of Guatemala reported income of $77k and spending of $87k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $77k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Books and Wings Foundation of Guatemala sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Withinreach Foundation Inc ($77k), Wadsworth All Sports Booster Club ($77k) and Friends of Vista Grande Elementary Foundation ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $8,929 against liabilities of $0, net assets of $8,929.