Texas County Library Foundation Inc

Analysis

Texas County Library Foundation Inc is a registered charity in United States, based in Houston, MO. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Texas County Library Foundation Inc reported income of $964k and spending of $175k, leaving 82% of income unspent that year. Across the 2 years on record, from December 2019 to December 2023, income grew from $1,563 to $964k (+61577%), an average of +61577% a year. The sharpest change came in the year to December 2023, when income rose by 61577%. Over the whole period it spent 18% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas County Library Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within MO. Charities of a similar size with the same main cause include Veritas Classical Academy ($964k), California State University Stanislaus Auxiliary & Business ($964k) and Driscoll Extended Day Program Inc ($964k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $790k against liabilities of $0, net assets of $790k.