Portage County Public Library Foundation Inc

Analysis

Portage County Public Library Foundation Inc is a registered charity in United States, based in Stevens Point, WI. It received its IRS tax-exemption ruling in October 1986, 40 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Portage County Public Library Foundation Inc reported income of $155k and spending of $54k, leaving 65% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $110k to $155k (+41%), an average of +9.1% a year. The sharpest change came in the year to December 2022, when income rose by 218%. Over the whole period it spent 28% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Portage County Public Library Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within WI. Charities of a similar size with the same main cause include School of Grace Parent Participatory Preschool & Chldcare ($155k), August F Reetz Foundation ($155k) and Children of Promise Stable Inc ($155k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.