Bookclub Academy

Analysis

Bookclub Academy is a registered charity in United States, based in Bountiful, UT. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bookclub Academy reported income of $228k and spending of $169k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $214k to $228k (+6.5%), an average of +6.5% a year. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bookclub Academy sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within UT. Charities of a similar size with the same main cause include North Carolina Central University Alumni Association ($228k), Gordon Lee Charitable Trust 189-8804337 ($228k) and Clinton Path Preschool ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 7.4% of the total. Other salaries and wages came to $97k. At year end it held assets of $76k against liabilities of $0, net assets of $76k. It reported 2 employees.