Missoula Public Library Foundation Inc

Analysis

Missoula Public Library Foundation Inc is a registered charity in United States, based in Missoula, MT. It received its IRS tax-exemption ruling in August 1996, 30 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, Missoula Public Library Foundation Inc reported income of $551k and spending of $307k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $766k to $551k (-28%), an average of -7.9% a year. The sharpest change came in the year to December 2022, when income rose by 138%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Missoula Public Library Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within MT. Charities of a similar size with the same main cause include Friends of Ben Franklin Charter High School ($551k), Pagosa Valor Academy ($551k) and Little Forest Playschool ($551k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.