Overview

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Est.

1992

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

FIRST BOOK is a reading promotion nonprofit focused on expanding access to quality education so all children can succeed and reach their full potential. In filing year 2024, it reported an operating budget of $88.1M and total revenue of $92.3M, with major support from KPMG US FOUNDATION INC, THE NEW YORK TIMES COMMUNITIES FUND, and NEW YORK LIFE FOUNDATION.

Mission Statement

Imagine a world where every child experiences the benefits of a quality education. We're on a mission to ensure that all children, regardless of their background or zip code, can succeed and reach their full potential.
Revenues
$92.3M
Expenses
$93.8M
Net Income:
-$1.5M
Assets
$36M
Liabilities
$9M
Net Assets:
+$27M
Operating Budget
$88.1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
53
Median grant size
$10K
Largest grant received
$1M
K
Kyle Zimmer
Board Member
C
Christopher Cerf
Board Member
L
Libby Doggett
Board Member
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  • 301 funders
  • 64 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is FIRST BOOK’s budget?
In 2024, FIRST BOOK reported an annual operating budget of around $88.1 million. More detailed financial information is available to registered users.
What causes does FIRST BOOK support?
FIRST BOOK supports work in Reading promotion.
Where does FIRST BOOK operate?
FIRST BOOK is headquartered in Washington, DC.
Who funded FIRST BOOK recently?
In 2025, FIRST BOOK received grants from THE NEW YORK TIMES COMMUNITIES FUND, ROSS STORES FOUNDATION, and UNITED WAY OF BERGEN COUNTY. More information on this organization’s funders is available to registered users.
What is the largest grant FIRST BOOK received in 2024?
The largest grant to FIRST BOOK in 2024 exceeds $1 million.