Ottumwa Public Library Foundation

Analysis

Ottumwa Public Library Foundation is a registered charity in United States, based in Ottumwa, IA. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 April 2024, Ottumwa Public Library Foundation reported income of $55k and spending of $13k, leaving 76% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income fell from $263k to $55k (-79%), an average of -32% a year. The sharpest change came in the year to April 2024, when income rose by 52897%. Over the whole period it spent 7.1% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ottumwa Public Library Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within IA. Charities of a similar size with the same main cause include Brick Morning Rotary Club Charitable Foundation Inc ($55k), Parent Booster USA Inc ($55k) and Family House Learning Center ($55k).

At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.