Fannie Brown Booth Memorial Library Foundation

Analysis

Fannie Brown Booth Memorial Library Foundation is a registered charity in United States, based in Center, TX. It received its IRS tax-exemption ruling in June 1973, 53 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 September 2020, Fannie Brown Booth Memorial Library Foundation reported income of $77k and spending of $74k, spending 96% of its income. Across the 2 years on record, from September 2019 to September 2020, income grew from $73k to $77k (+5.2%), an average of +5.2% a year. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fannie Brown Booth Memorial Library Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include Illinois Chemical Education Foundation ($77k), Oak Chan Elementary Parent Teacher Organization ($77k) and Ua Local 342 Scholarship Fund ($77k).

On its Form 990 for the period ending September 2020, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $45k. At year end it held assets of $401k against liabilities of $0, net assets of $401k.