Books for Good Inc

Analysis

Books for Good Inc is a registered charity in United States, based in Fletcher, NC. It received its IRS tax-exemption ruling in June 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Books for Good Inc reported income of $79k and spending of $77k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $85k to $79k (-7.2%), an average of -7.2% a year. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Books for Good Inc sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within NC. Charities of a similar size with the same main cause include Volunteer Organizations Network Inc ($79k), Dugger Improvement Inc ($79k) and Assyrian Arts Institute ($79k).

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 $21k against liabilities of $17k, net assets of $3,486.