CheckMyDonation

Free Minds Book Club & Writing Workshop

RegisteredEIN 43-2066514Washington, DCEducation and training
Income$3.1m2023-12
Spending$2.4msame year
Spent / received78%5-year average
Size in its cause86th pctEducation and training
Exempt since2005Publicly supported organisat
Employees21latest return

Analysis

Free Minds Book Club & Writing Workshop is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 2005, 21 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 December 2023, Free Minds Book Club & Writing Workshop reported income of $3.1m and spending of $2.4m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $3.1m (+144%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Free Minds Book Club & Writing Workshop 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 89th percentile, and in the 74th percentile within DC. Charities of a similar size with the same main cause include Laurens Education Assistance for District No 55 ($3.1m), Seven Arrows Inc ($3.1m) and University of Rhode Island Student Senate Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $118k (5.0% of expenses). Other salaries and wages came to $851k. At year end it held assets of $3.9m against liabilities of $83k, net assets of $3.8m. It reported 21 employees.

Income and spending

$0$780k$1.6m$2.3m$3.1m2019 Income: $1,276,5132019 Spending: $1,056,06720192020 Income: $1,501,0402020 Spending: $1,438,29920202021 Income: $2,082,9412021 Spending: $1,510,03920212022 Income: $2,698,4152022 Spending: $1,927,38420222023 Income: $3,120,5172023 Spending: $2,372,7002023
IncomeSpending

Where the income comes from

  • Contributions & grants 98%
  • Program services 0.1%
  • Other 2.1%

Similar-sized charities, same cause

CharityLocationIncome
Laurens Education Assistance for District No 55Laurens$3.1m
Seven Arrows IncSanta Monica$3.1m
University of Rhode Island Student Senate IncKingston$3.1m
A Schools Pittsburghs Community Alliance for Public EducationPittsburgh$3.1m