Kimberling Area Library Assoc

Analysis

Kimberling Area Library Assoc is a registered charity in United States, based in Kimberling Cy, MO. It received its IRS tax-exemption ruling in October 1994, 32 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 2023, Kimberling Area Library Assoc reported income of $157k and spending of $92k, leaving 42% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $175k to $157k (-9.8%), an average of -2.5% a year. The sharpest change came in the year to June 2020, when income rose by 56%. Over the whole period it spent 38% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kimberling Area Library Assoc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within MO. Charities of a similar size with the same main cause include Maquoketa Firemens Association ($157k), Little League Baseball Inc ($157k) and Cushing Rural Fire Corporation ($157k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 17% of the total. At year end it held assets of $3.8m against liabilities of $796, net assets of $3.8m.