Morrison & Mary Wiley Library Corporation

Analysis

Morrison & Mary Wiley Library Corporation is a registered charity in United States, based in Elmwood, IL. It received its IRS tax-exemption ruling in January 1954, 72 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Morrison & Mary Wiley Library Corporation reported income of $186k and spending of $149k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $129k to $186k (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Morrison & Mary Wiley Library Corporation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within IL. Charities of a similar size with the same main cause include Mayflower Christian Academy ($186k), Fremont Parents Nursery School Inc ($186k) and Newnan High Touchdown Club Inc ($186k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% of the total. Other salaries and wages came to $67k. At year end it held assets of $827k against liabilities of $0, net assets of $827k. It reported 6 employees.