Library Association of Sandusky Ohio

Analysis

Library Association of Sandusky Ohio is a registered charity in United States, based in Sandusky, OH. It received its IRS tax-exemption ruling in December 2002, 24 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, Library Association of Sandusky Ohio reported income of $4.6m and spending of $4.4m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $4.6m (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Library Association of Sandusky Ohio sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include Southwestern College ($4.6m), Creative City Public Charter School Foundation Inc ($4.6m) and McKinley Foundation at the University of Illinois ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 0.4% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $8.2m against liabilities of $0, net assets of $8.2m. It reported 45 employees.