Books for Newborns Inc

Analysis

Books for Newborns Inc is a registered charity in United States, based in St Louis, MO. It received its IRS tax-exemption ruling in November 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, Books for Newborns Inc reported income of $161k and spending of $60k, leaving 63% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $167k to $161k (-3.7%), an average of -3.7% a year. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Books for Newborns Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within MO. Charities of a similar size with the same main cause include Parents Association for Jewish Secondary Education ($161k), Clark-Pleasant Education Foundation Inc ($161k) and Summerville Green Wave Band Booster Club ($161k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $271k against liabilities of $0, net assets of $271k.