Peter White Public Library Development Fund

Analysis

Peter White Public Library Development Fund is a registered charity in United States, based in Marquette, MI. It received its IRS tax-exemption ruling in April 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 December 2023, Peter White Public Library Development Fund reported income of $361k and spending of $190k, leaving 47% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $155k to $361k (+133%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Peter White Public Library Development Fund sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MI. Charities of a similar size with the same main cause include Leadership for Development ($361k), River Bluff Band Boosters ($362k) and Jubilee University ($361k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.