Anne Arundel County Public Libraryfoundation Inc

Analysis

Anne Arundel County Public Libraryfoundation Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in July 2007, 19 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 June 2023, Anne Arundel County Public Libraryfoundation Inc reported income of $478k and spending of $625k, spending 131% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $489k to $478k (-2.3%), an average of -0.6% a year. The sharpest change came in the year to June 2022, when income rose by 86%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Anne Arundel County Public Libraryfoundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MD. Charities of a similar size with the same main cause include Community Care Clinic of Highlands-Cashiers Inc ($478k), Tech Valley Center of Gravity Incorporated ($478k) and St Mark Preschool & Enrichment Center Foundation ($478k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $1.1m against liabilities of $15k, net assets of $1.0m.