Charity Search / BOOKS ARE GEMS
Education (B94) IRS Verified DX Registered 990 on File

BOOKS ARE GEMS

EIN: 56-2380561 · EL PASO, TX 79915-2907 · United States · FY 2024 Data
3 out of 5 56 / 100 Based on 2+ years of filings
Financial strength (30%) 83/100
Reliability (20%) 55/100
Effectiveness (25%) 82/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Mission Statement

Books Are Gems is a nonprofit organization in El Paso, Texas, dedicated to improving literacy and educational opportunities for children and families in underserved communities. Since its founding, the organization has provided free books to children, families, and teachers, distributing over 87,000 books in 2024 alone. Each child who visits receives one new and eight gently used books at no cost, encouraging the development of lifelong reading habits. Books Are Gems also supports over 800 teachers annually by providing free classroom resources, reducing their financial burden, and helping them reach thousands of students across El Paso, Southern New Mexico, and Fort Bliss. Through bilingual storytime sessions, partnerships with schools, and targeted outreach to low-income neighborhoods, the organization works to close literacy gaps in a community where 22% of residents live in poverty and over 18% of children face literacy challenges.

Financial Overview — FY 2024
$157K
Total Revenue
$91K
Total Expenses
$163K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 87.6%
Fundraising Efficiency N/A
Operating Reserve 21.41x
Liability-to-Asset 8.8%
Revenue Diversification 94.9%
Compared with Peers
FY 2024
Compared with 19,826 similar organizations (United States, Education, under $100K in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
87.6% 87.4%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
21.4 mo 19.7 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
8.8% 0.0%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
94.9% 85.3%
P10P90
Below median
Revenue growth
Year over year revenue growth
106.7% 1.6%
P10P90
Expense growth
Year over year expense growth
114.0% 0.2%
P10P90
Surplus margin
Surplus as a share of revenue
41.7% 10.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $157K $91K $163K 87.6% —
2023 $76K $43K $33K 69.8% —
2021 $96K $45K $134K — —
2019 $85K $65K N/A — 1
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Organization Details
EIN
56-2380561
State
TX
City
EL PASO
ZIP
79915-2907
Classification
B94
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
Foundation Code
15
Form 990
On File
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