North Star Imagination Library

Analysis

North Star Imagination Library is a registered charity in United States, based in Fairbanks, AK. It received its IRS tax-exemption ruling in August 2011, 15 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 2024, North Star Imagination Library reported income of $84k and spending of $75k, spending 89% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $63k to $84k (+32%), an average of +32% a year. The sharpest change came in the year to June 2024, when income rose by 32%. 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, North Star Imagination Library sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 28th percentile within AK. Charities of a similar size with the same main cause include Harbor High Parent Booster Club Inc ($84k), Gowanda Free Library ($84k) and Shepherds Heart Enrichment Tutorial Inc ($84k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.