Marathon County Public Library Foundation Inc

Analysis

Marathon County Public Library Foundation Inc is a registered charity in United States, based in Wausau, WI. It received its IRS tax-exemption ruling in April 1982, 44 years ago. 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, Marathon County Public Library Foundation Inc reported income of $123k and spending of $27k, leaving 78% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $98k to $123k (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2020, when income rose by 88%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marathon County Public Library Foundation Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within WI. Charities of a similar size with the same main cause include Little League Baseball Inc ($123k), Expectations Academy ($123k) and Friends of Mt Hope Cemetery ($123k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.