Bookgive Inc

Analysis

Bookgive Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bookgive Inc reported income of $76k and spending of $97k, spending 128% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $159k to $76k (-52%), an average of -52% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bookgive Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 26th percentile within CO. Charities of a similar size with the same main cause include Marshall Chess Foundation Inc ($76k), C Leon King High School Athletic Booster Club Inc ($76k) and Rachels Kids Inc ($76k).

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 $13k against liabilities of $2,600, net assets of $10k.