Books to Life

Analysis

Books to Life is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in October 2015, 11 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 (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 to Life reported income of $727k and spending of $706k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $685k to $727k (+6.1%), an average of +1.5% a year. The sharpest change came in the year to December 2021, when income rose by 81%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Books to Life sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within CO. Charities of a similar size with the same main cause include Fern Street Community Arts Inc ($727k), India-American Cultural Association Inc ($727k) and San Pedro City Ballet ($727k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $504k. At year end it held assets of $238k against liabilities of $146k, net assets of $92k. It reported 17 employees.