Larsen Family Public Library Inc

Analysis

Larsen Family Public Library Inc is a registered charity in United States, based in Webster, WI. It received its IRS tax-exemption ruling in June 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, Larsen Family Public Library Inc reported income of $120k and spending of $156k, spending 130% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $120k (+74%), an average of +74% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 143% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Larsen Family Public Library Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within WI. Charities of a similar size with the same main cause include Roho Charitable Trust Inc ($120k), Dreamfar High School Marathon ($120k) and Alliance Christian Academy ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 3.9% of the total. At year end it held assets of $155k against liabilities of $41k, net assets of $114k.