Missouri Library Association

Analysis

Missouri Library Association is a registered charity in United States, based in Jefferson Cty, MO. It received its IRS tax-exemption ruling in January 1975, 51 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Missouri Library Association reported income of $149k and spending of $133k, spending 89% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $157k to $149k (-4.9%), an average of -1.7% a year. The sharpest change came in the year to December 2021, when income rose by 90%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Missouri Library Association sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within MO. Charities of a similar size with the same main cause include Oakhills-Ridgeview Schools Parent Teacher Club ($149k), PTA New York Congress ($149k) and Sol Feinstone Elementary School Parent Teacher Organization Inc ($149k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 0.8% and program service revenue 79% of the total. At year end it held assets of $1.2m against liabilities of $23k, net assets of $1.2m.