Wilmington Library Foundation II Inc

Analysis

Wilmington Library Foundation II Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in November 1999, 27 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 2023, Wilmington Library Foundation II Inc reported income of $76k and spending of $15k, leaving 81% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $64k to $76k (+20%), an average of +4.6% a year. The sharpest change came in the year to June 2022, when income rose by 92%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wilmington Library Foundation II Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within DE. Charities of a similar size with the same main cause include Colorado Sasixp Users Group ($76k), Whos on First Baseball Booster Club ($76k) and Emery E a G L E S ($76k).

At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.