Booktrails Inc

Analysis

Booktrails Inc is a registered charity in United States, based in Steamboat SPR, CO. It received its IRS tax-exemption ruling in March 2015, 11 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, Booktrails Inc reported income of $456k and spending of $394k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $304k to $456k (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Booktrails Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 66th percentile within CO. Charities of a similar size with the same main cause include Mu Alpha Theta Educational Foundation Inc ($456k), Genesis Ministries ($456k) and Mundelein Montessori School II Inc ($456k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $87k (22% of expenses). Other salaries and wages came to $100k. At year end it held assets of $1.2m against liabilities of $9,376, net assets of $1.2m. It reported 10 employees.