Bookworm Box LLC

Analysis

Bookworm Box LLC is a registered charity in United States, based in Sulphur SPGS, TX. It received its IRS tax-exemption ruling in September 2017, 9 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bookworm Box LLC reported income of $1.9m and spending of $2.1m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $1.9m (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2022, when income rose by 188%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bookworm Box LLC sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Lehigh Carbon Community College Foundation ($1.9m), Moadim Uzmanim ($1.9m) and Vickery Meadow Youth Development Foundation ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.7% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $20k (1.0% of expenses). Other salaries and wages came to $73k. At year end it held assets of $928k against liabilities of $978, net assets of $927k. It reported 8 employees.