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International Book Project Inc

RegisteredEIN 61-6039627Lexington, KYOverseas aid and international
Income$3.3m2023-12
Spending$3.4msame year
Spent / received101%5-year average
Size in its cause91st pctOverseas aid and international
Exempt since1967Publicly supported organisat
Employees4latest return

Analysis

International Book Project Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in March 1967, 59 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 December 2023, International Book Project Inc reported income of $3.3m and spending of $3.4m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.7m to $3.3m (-10%), an average of -2.7% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 101% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, International Book Project Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within KY. Charities of a similar size with the same main cause include Arab Gulf States Institute in Washington ($3.3m), Legacy International ($3.3m) and Redeem International ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.3% of the total. Other salaries and wages came to $140k. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m. It reported 4 employees.

Income and spending

$0$933k$1.9m$2.8m$3.7m2019 Income: $3,692,9552019 Spending: $3,731,24120192020 Income: $3,384,2402020 Spending: $3,407,42120202021 Income: $3,293,6362021 Spending: $3,342,92320212022 Income: $2,389,1612022 Spending: $2,385,23120222023 Income: $3,314,3622023 Spending: $3,369,4882023
IncomeSpending

Where the income comes from

  • Contributions & grants 98%
  • Program services 1.3%
  • Other 0.6%

Similar-sized charities, same cause

CharityLocationIncome
Arab Gulf States Institute in WashingtonWashington$3.3m
Legacy InternationalBedford$3.3m
Redeem InternationalMerrifield$3.3m
Exodus Cry IncSan Clemente$3.3m