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Nonprofit · EIN 20-3803359

BETTER WORLD LIBRARIES

Tax-exempt · BIDDEFORD, ME 04005

Financials

$17.2M$8K2023$7.9M$24K2024
Revenue Expenses · by fiscal year end
Financials of BETTER WORLD LIBRARIES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$7,921,341$23,732$7,897,609$25,332,825$7,382$25,325,443
December 31, 2023990$17,169,623$7,971$17,161,652$17,431,310$3,476$17,427,834
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$70,000
Program service revenue
$6,972,527
Investment income
$878,814
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$23,082
Program services (functional)
$5,896
Management and general (functional)
$17,836

Balance sheet and other

Total assets, start of year
$17,431,310
Total assets, end of year
$25,332,825
Total liabilities, end of year
$7,382
Net assets, end of year
$25,325,443
Publicly traded securities
$25,019,191
Net assets without donor restrictions
$25,325,443
Gross receipts
$7,921,341
Employees
0
Year formed
2005
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Brewster KahlePresident
Trustee or director, Officer
1$0
Meikle HallSecretary
Trustee or director, Officer
1$0
Jeff UboisTreasurer
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Brewster KahlePresident
Trustee or director, Officer
1$0
Meikle HallSecretary
Trustee or director, Officer
1$0
Jeff UboisTreasurer
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
319 MAIN ST, BIDDEFORD, ME 04005-2354
In care of
% DOUG KAYE
Mailing address (990-N for 2018)
300 Funston Avenue, San Francisco CA 94118
Principal officer (990 for 2024)
Brewster Kahle, 319 Main Street, Biddeford, ME 04005
Principal officer (990-N for 2018)
Brewster Kahle, 300 Funston Ave, San Francisco CA 94118
Signed the 990
Brewster Kahle, President
Phone
(207) 415-5714
Return prepared by
Fontanello Duffield & Otake LLP

Mission

The specific and primary purpose of this corporation is to engage in charitable and educational activities within the means of section 501(c)(3) of the Internal Revenue Code of 1986, as amended, or the corresponding provisions of any future United States Internal revenue law.

990 for the year ended December 31, 2024

Program accomplishments

  • A number of agreements were renegotiated in February of 2020 to finish Better World Librarys acquisition intent of Better World Books and to help with facilities and build out their website.Better World Libraries continues to enable Better World Books to preserve their cultural heritage by continuing to provide an outlet for public libraries across the United States to sell their decommissioned books, offering these books to consumers at discounted prices through a secondary market and also donating millions of books to non-profits partners promoting literacy all around the world.
    Expenses $5,896

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-3803359
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2007
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$25,332,825
Income (IRS master file)
$7,921,341

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$7,921,341$23,732$25,332,825IRS
990December 2023$17,169,623$7,971$17,431,310XML
990December 2022$1,986$4,103$2,319,187IRS
990December 2021–––IRS
990December 2020–––IRS
990-N for 2018
Officer: Brewster Kahle
December 31, 2018≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-3803359).

Questions about BETTER WORLD LIBRARIES

What is the EIN of BETTER WORLD LIBRARIES?
The employer identification number (EIN) of BETTER WORLD LIBRARIES is 20-3803359.
Is BETTER WORLD LIBRARIES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to BETTER WORLD LIBRARIES tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BETTER WORLD LIBRARIES file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BETTER WORLD LIBRARIES due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BETTER WORLD LIBRARIES last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BETTER WORLD LIBRARIES?
The 990 for the year ended December 31, 2024 names Brewster Kahle.
Who are the officers and directors of BETTER WORLD LIBRARIES?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does BETTER WORLD LIBRARIES have?
On its 990 for the year ended December 31, 2024 it reported revenue of $7,921,341, expenses of $23,732 and total assets of $25,332,825 at year end.

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