Bonham Public Library Board

Analysis

Bonham Public Library Board is a registered charity in United States, based in Bonham, TX. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bonham Public Library Board reported income of $76k and spending of $68k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $81k to $76k (-5.7%), an average of -5.7% a year. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bonham Public Library Board sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Ceres High School Scholarship Committee ($76k), Bishop Francis Essex Catholic High School Foundation Inc ($76k) and Jewish Community Day School Supporting Foundation ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 8.7% of the total. At year end it held assets of $307k against liabilities of $0, net assets of $307k.