Book Love Foundation

Analysis

Book Love Foundation is a registered charity in United States, based in North Conway, NH. It received its IRS tax-exemption ruling in December 2013, 13 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 September 2023, Book Love Foundation reported income of $80k and spending of $82k, spending 102% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $111k to $80k (-28%), an average of -28% a year. The sharpest change came in the year to September 2023, when income dropped by 28%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Book Love Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within NH. Charities of a similar size with the same main cause include Liborius Urban Art Studios Inc ($80k), British-American Project Inc ($80k) and Historical Preservation Foundation of the Native Sons of Golden West ($80k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 68% and program service revenue 47% of the total. At year end it held assets of $89k against liabilities of $48k, net assets of $41k.