Lester Public Library Foundation Inc

Analysis

Lester Public Library Foundation Inc is a registered charity in United States, based in Two Rivers, WI. It received its IRS tax-exemption ruling in November 2012, 14 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, Lester Public Library Foundation Inc reported income of $151k and spending of $134k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $92k to $151k (+64%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 284%. Over the whole period it spent 41% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lester 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 47th percentile, and in the 46th percentile within WI. Charities of a similar size with the same main cause include Patient Privacy Rights Foundation ($151k), Kansas Bankers Educational Foundation ($151k) and New York City Middle School Basketball League ($151k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.