Keokuk Public Library Foundation

Analysis

Keokuk Public Library Foundation is a registered charity in United States, based in Keokuk, IA. It received its IRS tax-exemption ruling in January 1987, 39 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 December 2023, Keokuk Public Library Foundation reported income of $275k and spending of $17k, leaving 94% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $169k to $275k (+63%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 116%. Over the whole period it spent 14% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Keokuk Public Library Foundation 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 60th percentile, and in the 62nd percentile within IA. Charities of a similar size with the same main cause include Christus Health Foundation ($275k), Community Christian Ministries ($275k) and Nami Thurston Mason ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.