American Library Association

Analysis

American Library Association is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 1952, 74 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, American Library Association reported income of $60.8m and spending of $54.8m, spending 90% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $50.0m to $60.8m (+22%), an average of +5.0% a year. The sharpest change came in the year to August 2022, when income rose by 32%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Library Association sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IL. Charities of a similar size with the same main cause include Nichols College ($60.7m), Viterbo College Inc ($60.9m) and University of Nevada Las Vegas Foundation ($60.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 49% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $952k (1.7% of expenses). Other salaries and wages came to $15.4m. It paid $67k in professional fundraising fees. At year end it held assets of $107.8m against liabilities of $37.0m, net assets of $70.7m. It reported 238 employees.