Lancaster Public Library Foundation Inc

Analysis

Lancaster Public Library Foundation Inc is a registered charity in United States, based in Lancaster, WI. It received its IRS tax-exemption ruling in April 1983, 43 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, Lancaster Public Library Foundation Inc reported income of $155k and spending of $206k, spending 133% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $155k (+62%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lancaster Public Library Foundation Inc sits at the 47th percentile: it is larger than about 47% 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 Santas Helpers Inc ($155k), The Murray Dranoff Foundation Inc ($155k) and Lafayette Rotary Foundation Inc ($155k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 104% of the total. At year end it held assets of $273k against liabilities of $7,541, net assets of $265k.