Ann Arbor District Library

Analysis

Ann Arbor District Library is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in April 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 June 2024, Ann Arbor District Library reported income of $21.3m and spending of $22.5m, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $18.0m to $21.3m (+18%), an average of +4.2% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ann Arbor District Library sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MI. Charities of a similar size with the same main cause include The Trustees of Fryeburg Academy ($21.3m), Zeta Charter Schools Inc ($21.3m) and Thrive Scholars ($21.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $245k (1.1% of expenses). Other salaries and wages came to $9.1m. At year end it held assets of $46.7m against liabilities of $7.6m, net assets of $39.2m. It reported 294 employees.