Wimberley Village Library Foundation

Analysis

Wimberley Village Library Foundation is a registered charity in United States, based in Wimberley, TX. It received its IRS tax-exemption ruling in May 2005, 21 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Wimberley Village Library Foundation reported income of $621k and spending of $940k, spending 151% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $442k to $621k (+41%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wimberley Village Library Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($621k), St Annes Foundation ($621k) and NCR of Webster Housing Development Fund Co Inc ($621k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $729k against liabilities of $0, net assets of $729k.