Independence Public Libraryfoundation Inc

Analysis

Independence Public Libraryfoundation Inc is a registered charity in United States, based in Independence, IA. It received its IRS tax-exemption ruling in September 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Independence Public Libraryfoundation Inc reported income of $55k and spending of $39k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $55k to $55k (-0.5%), an average of -0.5% a year. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Independence Public Libraryfoundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within IA. Charities of a similar size with the same main cause include Henderson Mill Elementary School Foundation Inc ($55k), Leyden High Schools Foundation ($55k) and Monfort Elementary School Volunteers Inc ($55k).

At year end it held assets of $344k against liabilities of $0, net assets of $344k.