Dayton Metro Library Foundation

Analysis

Dayton Metro Library Foundation is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in October 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, Dayton Metro Library Foundation reported income of $497k and spending of $115k, leaving 77% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $351k to $497k (+41%), an average of +9.1% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 32% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dayton Metro Library Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include New Orleans Education League of the Construction Industry ($497k), Seeds of Faith Christian Academy ($497k) and Nevada R-5 Foundation ($497k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.3% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.