Wood County District Public Library Foundation

Analysis

Wood County District Public Library Foundation is a registered charity in United States, based in Bowling Green, OH. It received its IRS tax-exemption ruling in September 1995, 31 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, Wood County District Public Library Foundation reported income of $293k and spending of $222k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $298k to $293k (-1.7%), an average of -0.4% a year. The sharpest change came in the year to December 2021, when income rose by 191%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wood County District Public Library Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within OH. Charities of a similar size with the same main cause include Mapping Your Future Inc ($293k), Marion County Literacy Council Inc ($293k) and My First School ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.