Robert a and Virginia Heinlein Library Foundation

Analysis

Robert a and Virginia Heinlein Library Foundation is a registered charity in United States, based in Butler, MO. It received its IRS tax-exemption ruling in July 1989, 37 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Robert a and Virginia Heinlein Library Foundation reported income of $414k and spending of $105k, leaving 75% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $80k to $414k (+418%), an average of +51% a year. The sharpest change came in the year to March 2024, when income rose by 1281%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Robert a and Virginia Heinlein Library Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within MO. Charities of a similar size with the same main cause include New Canaan Land Conservation Trust Inc ($414k), Council on Adolescents of Catawba County Inc ($414k) and Western Enterprise Fire Company ($414k).

At year end it held assets of $3.3m against liabilities of $0, net assets of $3.3m.