Henderson Memorial Public Library Foundation

Analysis

Henderson Memorial Public Library Foundation is a registered charity in United States, based in Jefferson, OH. It received its IRS tax-exemption ruling in January 1975, 51 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 December 2023, Henderson Memorial Public Library Foundation reported income of $63k and spending of $35k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $61k to $63k (+2.7%), an average of +0.7% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Henderson Memorial Public Library Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 25th percentile within OH. Charities of a similar size with the same main cause include Anna Local Schools Education Foundation ($63k), Audio Industry Resources Inc ($63k) and International Assoc for Scientific Study of Intellectual Disabilities ($63k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.2% of the total. At year end it held assets of $777k against liabilities of $0, net assets of $777k.