Mead Public Library Foundation Inc

Analysis

Mead Public Library Foundation Inc is a registered charity in United States, based in Sheboygan, WI. It received its IRS tax-exemption ruling in December 1994, 32 years ago. 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, Mead Public Library Foundation Inc reported income of $417k and spending of $232k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $228k to $417k (+83%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 795%. Over the whole period it spent 39% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mead Public Library Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within WI. Charities of a similar size with the same main cause include Sri Veera Venkata Satyanarayana SVVS Temple ($417k), South Park Historical Foundation ($417k) and Minnesota Youth Symphonies ($417k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $6.5m against liabilities of $48k, net assets of $6.5m.