Textbook & Academic Authors Association Inc

Analysis

Textbook & Academic Authors Association Inc is a registered charity in United States, based in Saint Petersburg, FL. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Textbook & Academic Authors Association Inc reported income of $640k and spending of $552k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $703k to $640k (-9.0%), an average of -2.3% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Textbook & Academic Authors Association Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Adams Memorial Library ($639k), Childrens House of Bucks County ($640k) and Victorian Woods Senior Living Inc ($639k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $144k (26% of expenses). Other salaries and wages came to $160k. At year end it held assets of $2.8m against liabilities of $973, net assets of $2.8m. It reported 4 employees.