Bentonville Library Foundation

Analysis

Bentonville Library Foundation is a registered charity in United States, based in Bentonville, AR. It received its IRS tax-exemption ruling in March 2004, 22 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, Bentonville Library Foundation reported income of $7.3m and spending of $10.3m, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $135k to $7.3m (+5315%), an average of +171% a year. The sharpest change came in the year to December 2020, when income dropped by 4172%. Over the whole period it spent 222% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bentonville Library Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within AR. Charities of a similar size with the same main cause include Crosswood Inc ($7.3m), Unyeway Inc ($7.3m) and The Seattle School of Theology & Psychology ($7.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $80k (0.8% of expenses). At year end it held assets of $487k against liabilities of $13k, net assets of $474k. It reported 1 employees.