Half Price Books Community Services Corporation

Analysis

Half Price Books Community Services Corporation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in August 1998, 28 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 (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, Half Price Books Community Services Corporation reported income of $141k and spending of $133k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $318k to $141k (-56%), an average of -18% a year. The sharpest change came in the year to December 2021, when income dropped by 50%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Half Price Books Community Services Corporation sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Aurora Womens Empowerment Foundation ($141k), Horry Electric Trust ($141k) and Brendon McLarty Memorial Foundation ($141k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.