Village Book Builders Inc

Analysis

Village Book Builders Inc is a registered charity in United States, based in Mapleton, UT. It received its IRS tax-exemption ruling in June 2018, 8 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, Village Book Builders Inc reported income of $309k and spending of $381k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $450k to $309k (-31%), an average of -31% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Village Book Builders Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within UT. Charities of a similar size with the same main cause include MNTS Tamil School ($309k), Kevin M Eidt Scholarship Fund ($309k) and School District 117 Foundation ($309k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $72k (19% of expenses). At year end it held assets of $4,791 against liabilities of $7,529, net assets of -$2,738.