Linda Hall Library Foundation

Analysis

Linda Hall Library Foundation is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Linda Hall Library Foundation reported income of $652k and spending of $1.5m, spending 228% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $745k to $652k (-12%), an average of -3.3% a year. The sharpest change came in the year to December 2020, when income rose by 224%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Linda Hall Library Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within MO. Charities of a similar size with the same main cause include Union Council on Aging Inc ($652k), St Georges Scholar Institute Inc ($653k) and Life Support ($652k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $191k (13% of expenses). Other salaries and wages came to $212k. At year end it held assets of $738k against liabilities of $26k, net assets of $712k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.