Johnson County Public Library Foundation Inc

Analysis

Johnson County Public Library Foundation Inc is a registered charity in United States, based in Franklin, IN. It received its IRS tax-exemption ruling in June 1980, 46 years ago. 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, Johnson County Public Library Foundation Inc reported income of $280k and spending of $126k, leaving 55% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $264k to $280k (+6.1%), an average of +3.0% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Johnson County Public Library Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IN. Charities of a similar size with the same main cause include Austrian-American Council West ($280k), PTA Kentucky Congress ($280k) and New Direction Community Development Corporation ($280k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $591k against liabilities of $7,835, net assets of $583k.