Montgomery City-County Public Library

Analysis

Montgomery City-County Public Library is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in October 1975, 51 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 2023, Montgomery City-County Public Library reported income of $5.4m and spending of $5.4m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.2m to $5.4m (+4.2%), an average of +1.0% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montgomery City-County Public Library sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 95th percentile within AL. Charities of a similar size with the same main cause include Friends of Hebrew Language Academy Charter School Inc ($5.4m), Isle of Wight County Education Foundation ($5.4m) and Bryant Library ($5.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 1.7% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $610k against liabilities of $60k, net assets of $550k. It reported 63 employees.