Allen County Public Library Foundation

Analysis

Allen County Public Library Foundation is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in November 1984, 42 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Allen County Public Library Foundation reported income of $2.6m and spending of $1.6m, leaving 39% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.7m to $2.6m (+55%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 226%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Allen County Public Library Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within IN. Charities of a similar size with the same main cause include New England Center for Arts & Technology Inc ($2.6m), Covenant Christian Academy of Houma Louisiana ($2.6m) and Kroenke Sports Charities Inc ($2.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 42% and program service revenue 0.2% of the total. At year end it held assets of $25.4m against liabilities of $0, net assets of $25.4m.