Kismet Public Library Foundation

Analysis

Kismet Public Library Foundation is a registered charity in United States, based in Kismet, KS. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Kismet Public Library Foundation reported income of $97k and spending of $916k, spending 948% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $519k to $97k (-81%), an average of -57% a year. The sharpest change came in the year to December 2022, when income dropped by 86%. Over the whole period it spent 135% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kismet Public Library Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within KS. Charities of a similar size with the same main cause include Mattera Ministries International ($97k), Cisd Educational Support Groups Inc ($97k) and Friends of Boss Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.