Willard Library

Analysis

Willard Library is a registered charity in United States, based in Battle Creek, MI. It received its IRS tax-exemption ruling in May 1998, 28 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 June 2023, Willard Library reported income of $6.0m and spending of $5.5m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.9m to $6.0m (+3.1%), an average of +0.8% a year. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Willard Library sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within MI. Charities of a similar size with the same main cause include Childrens Choice Learning Connection Inc ($6.0m), King Center Charter School ($6.0m) and Montessori Network ($6.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 5.9% of the total. Compensation of current officers, directors and key employees was $186k (3.4% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $5.8m against liabilities of $108k, net assets of $5.7m. It reported 64 employees.