Library Enrichment Foundation of Thebrumback Library a Van Wert

Analysis

Library Enrichment Foundation of Thebrumback Library a Van Wert is a registered charity in United States, based in Van Wert, OH. It received its IRS tax-exemption ruling in March 1992, 34 years ago. 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 December 2023, Library Enrichment Foundation of Thebrumback Library a Van Wert reported income of $202k and spending of $95k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $127k to $202k (+59%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 848%. Over the whole period it spent 42% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Library Enrichment Foundation of Thebrumback Library a Van Wert sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within OH. Charities of a similar size with the same main cause include East School Parent-Teacher Council C/O East School ($202k), Rising Sun Volunteer Fire Department Incorporated ($202k) and Homefields ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% of the total. At year end it held assets of $1000k against liabilities of $0, net assets of $1000k.