Aurora Public Library Foundation Inc

Analysis

Aurora Public Library Foundation Inc is a registered charity in United States, based in Aurora, IL. It received its IRS tax-exemption ruling in April 2002, 24 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, Aurora Public Library Foundation Inc reported income of $620k and spending of $287k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $243k to $620k (+155%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 376%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aurora Public Library Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Center for Race and Opportunity ($620k), Marcus High School Band Booster Organization ($620k) and Everett Christian School ($620k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $4.8m against liabilities of $1,978, net assets of $4.8m.