Restless Books Inc

Analysis

Restless Books Inc is a registered charity in United States, based in Amherst, MA. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2022, Restless Books Inc reported income of $776k and spending of $689k, spending 89% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $672k to $776k (+15%), an average of +4.9% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Restless Books Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include Las Colinas Symphony Orchestra Inc ($776k), Asia Institute Inc ($776k) and Judaism & Democracy Action Alliance of North America Inc ($776k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 67% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $78k (11% of expenses). Other salaries and wages came to $276k. At year end it held assets of $407k against liabilities of $87k, net assets of $319k. It reported 8 employees.