Willard Library of Evansville

Analysis

Willard Library of Evansville is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in November 1944, 82 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, Willard Library of Evansville reported income of $1.4m and spending of $1.2m, spending 86% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.2m to $1.4m (+17%), an average of +3.2% a year. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Willard Library of Evansville sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within IN. Charities of a similar size with the same main cause include Cristo Rey Richmond Corporate Work Study Program Inc ($1.4m), Milwaukee Regional Innovation Center Inc ($1.4m) and Hill Preschool ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $115k (9.4% of expenses). Other salaries and wages came to $505k. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m. It reported 25 employees.