First Book’s business model is designed for maximum efficiency. 97 percent of our revenue is devoted to programmatic costs.
The IRS Form 990, or Return of Organization Exempt from Income Tax, is the form used by tax-exempt organizations to provide the IRS with certain pieces of required information. The completed Form 990 is available for public inspection, and may be the primary or sole source of information about a particular organization for some members of the public.
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First Book currently reaches an average of 5 million children every year and supports one in three of the estimated 1.3 million classrooms and programs serving children in need.