Bookstock

Analysis

Bookstock is a registered charity in United States, based in Southfield, MI. It received its IRS tax-exemption ruling in June 2019, 7 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, Bookstock reported income of $253k and spending of $216k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $197k to $253k (+29%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bookstock sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within MI. Charities of a similar size with the same main cause include Center for Higher Educational Achievement ($253k), Manhattan Beach Rotary Club Charitable Foundation ($253k) and Ace Mentor Program of America Inc ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $112k against liabilities of $0, net assets of $112k.