Gerber Hart Library and Archives

Analysis

Gerber Hart Library and Archives is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 1983, 43 years ago. 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, Gerber Hart Library and Archives reported income of $386k and spending of $271k, leaving 30% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $262k to $386k (+47%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 124%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Gerber Hart Library and Archives sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include Elk Riverview Terrace Apartments Inc ($386k), Freeport Senior Housing II Inc ($386k) and 415 Leaders Inc ($386k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 3.6% of the total. Other salaries and wages came to $97k. At year end it held assets of $289k against liabilities of $2,953, net assets of $286k. It reported 3 employees.