White County Public Library Friends Foundation Inc

Analysis

White County Public Library Friends Foundation Inc is a registered charity in United States, based in Searcy, AR. It received its IRS tax-exemption ruling in September 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, White County Public Library Friends Foundation Inc reported income of $748k and spending of $12k, leaving 98% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $584k to $748k (+28%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 172%. Over the whole period it spent 0.7% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, White County Public Library Friends Foundation Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within AR. Charities of a similar size with the same main cause include Richmond Street Community Development Corporation ($748k), Mt Pleasant Child Development Center Inc ($749k) and Association of California Cities ($748k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $4.1m against liabilities of $0, net assets of $4.1m.