Southeast Library System Sels
Analysis
Southeast Library System Sels is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in September 1981, 45 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 June 2024, Southeast Library System Sels reported income of $250k and spending of $222k, spending 89% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $174k to $250k (+43%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 41%. Over the whole period it spent 97% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Southeast Library System Sels sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within MN. Charities of a similar size with the same main cause include Ics Foundation Inc ($250k), Cypress Bay Band Parent Association ($250k) and Southeastern Hockey Association of Wisconsin Inc ($250k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $117k against liabilities of $3,039, net assets of $114k.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 3.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ics Foundation Inc | Staten Island | $250k |
| Cypress Bay Band Parent Association | Sunrise | $250k |
| Southeastern Hockey Association of Wisconsin Inc | Milwaukee | $250k |
| Friends of the Loveland Public Library Foundation Inc | Loveland | $250k |