Sioux City Public Library Foundation

Analysis

Sioux City Public Library Foundation is a registered charity in United States, based in Sioux City, IA. It received its IRS tax-exemption ruling in May 1986, 40 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 June 2024, Sioux City Public Library Foundation reported income of $128k and spending of $94k, leaving 26% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $218k to $128k (-41%), an average of -12% a year. The sharpest change came in the year to June 2021, when income dropped by 25%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sioux City Public Library Foundation 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 43rd percentile, and in the 43rd percentile within IA. Charities of a similar size with the same main cause include Parent Booster USA Inc ($128k), Utica Volunteer Fire Department ($128k) and Christian Fellowship Home of Nash and Edgecombe Counties ($128k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 21% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.