Willard Library Foundation Inc

Analysis

Willard Library Foundation Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in September 1986, 40 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Willard Library Foundation Inc reported income of $168k and spending of $87k, leaving 48% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $121k to $168k (+39%), an average of +6.8% a year. The sharpest change came in the year to December 2019, when income rose by 756%. Over the whole period it spent 22% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Willard Library Foundation Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within IN. Charities of a similar size with the same main cause include Pirate Youth Sports ($168k), Circle City Curling Club Inc ($168k) and USA Wildcats Cheerleading Booster Club Inc ($168k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% of the total. At year end it held assets of $4.0m against liabilities of $0, net assets of $4.0m.