Stephenson Public Library Foundation Inc

Analysis

Stephenson Public Library Foundation Inc is a registered charity in United States, based in Marinette, WI. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Stephenson Public Library Foundation Inc reported income of $99k and spending of $98k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $176k to $99k (-44%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 87%. Over the whole period it spent 71% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Stephenson 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 37th percentile, and in the 35th percentile within WI. Charities of a similar size with the same main cause include Foundation for Venous & Lymphatic Disease ($99k), Bedford Community Foundation ($99k) and Abundant Life Christian Ministry ($99k).

At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.