Athens-Limestone Public Library Foundation Inc

Analysis

Athens-Limestone Public Library Foundation Inc is a registered charity in United States, based in Athens, AL. It received its IRS tax-exemption ruling in November 2014, 12 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, Athens-Limestone Public Library Foundation Inc reported income of $550k and spending of $76k, leaving 86% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $145k to $550k (+280%), an average of +56% a year. The sharpest change came in the year to December 2023, when income rose by 374%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Athens-Limestone Public Library Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within AL. Charities of a similar size with the same main cause include Stiles Hall ($550k), Mice K12 ($550k) and Zos Bravehearts Foundation ($550k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $11k. At year end it held assets of $62k against liabilities of $236k, net assets of -$174k. It reported 1 employees.