Red Bookshelf Inc

Analysis

Red Bookshelf Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Red Bookshelf Inc reported income of $277k and spending of $294k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $202k to $277k (+37%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Red Bookshelf Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Parent Booster USA Inc ($277k), Aes Literacy Institute Incorporated ($277k) and Ely-Winton Rod & Gun Club Inc ($277k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Other salaries and wages came to $195k. At year end it held assets of $34k against liabilities of $0, net assets of $34k. It reported 7 employees.