Housing Works Used Book Cafe Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
HOUSING WORKS USED BOOK CAFE, INC. IS A USED BOOKSTORE, LITERARY HUB AND CONCERT VENUE LOCATED IN SOHO IN DOWNTOWN MANHATTAN THAT RAISES MONEY TO SUPPORT THE TAX-EXEMPT SOCIAL MISSION OF ITS PARENT, HOUSING WORKS, INC. THE BOOKSTORE ESTABLISHED ITSELF AS A NEW YORK DOWNTOWN INSTITUTION AND TOURIST DESTINATION.
- Income
- $1.7 million
- Spending
- $2.1 million
- Spent on programs
- 92%
- Reserves
- -22.1 months of spending
- Largest source of income
- donations and private grants, 90%
- Employees
- 0
- Volunteers
- 15
- Highest pay
- $566,893, president & ceo
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 30 out of 100. Higher than 3% of charities in its peer group (human services, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 194% of what it owns.
Living within its means
0 of 15Spending exceeded income by 29% of income.
Income trend
15 of 15Income rose 25% on the year before.
Spending floor
15 of 1592% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100. Higher than 60% of charities in its peer group (human services, $1m to $10m).
Independent board
25 of 2515 of 15 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $2.0 million spent. THE HOUSING WORKS USED BOOK CAFE, INC. SELLS DONATED USED BOOKS (IN STORE AND ONLINE) AND OPERATES A THRIVING CAFE. THE BOOKSTORE CAFE IS A HUB FOR NEW YORK'S DOWNTOWN LITERARY AND ARTS SCENE, HOSTING MORE THAN 100 READINGS, PANELS AND CONCERTS ANNUALLY. BJORK, JOHN MELLENCAMP AND JOHN MAYER ARE AMONG THE CELEBRATED MUSICIANS WHO HAVE PERFORMED THERE. THE USED BOOK CAFE IS ALSO A POPULAR EVENT SPACE AVAILABLE FOR WEDDINGS AND SPECIAL EVENTS. FOR THE YEAR ENDING JUNE 30, 2025, THE BOOKSTORE RECEIVED $1,152,378.00 IN DONATED MERCHANDISE WHICH IS REPORTED ON PART VIII, LINE 1(G) AND HAS NO GIFTS-IN-KIND EXPENSE IN ACCORDANCE WITH GAAP. THE BOOKSTORE IS STAFFED ALMOST ENTIRELY BY VOLUNTEERS. 100% OF THE BOOKSTORE'S PROFITS ARE REMITTED TO ITS PARENT ORGANIZATION, HOUSING WORKS, INC.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2010.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.