Stillwater Public Library Foundation

Analysis

Stillwater Public Library Foundation is a registered charity in United States, based in Stillwater, MN. It received its IRS tax-exemption ruling in December 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 December 2023, Stillwater Public Library Foundation reported income of $316k and spending of $325k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $238k to $316k (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2021, when income rose by 756%. Over the whole period it spent 24% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Stillwater Public Library Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include Defending the Early Years Inc ($316k), Green Hope High School Band Boosters ($316k) and The Ohio Association for College Admission Counseling ($316k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% of the total. Compensation of current officers, directors and key employees was $16k (4.9% of expenses). At year end it held assets of $3.3m against liabilities of $1,463, net assets of $3.3m. It reported 1 employees.