Ligonier Public Library

Analysis

Ligonier Public Library is a registered charity in United States, based in Ligonier, IN. It received its IRS tax-exemption ruling in December 1941, 85 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, Ligonier Public Library reported income of $671k and spending of $509k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $526k to $671k (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2022, when income rose by 64%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ligonier Public Library sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IN. Charities of a similar size with the same main cause include Fairwind Learning Center Corp ($671k), Canton Free Library ($671k) and Wharton County Fellowship Christian School ($671k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $55k (11% of expenses). Other salaries and wages came to $133k. At year end it held assets of $2.2m against liabilities of $900k, net assets of $1.3m. It reported 9 employees.