The Schuyler Public Library Foundation

Analysis

The Schuyler Public Library Foundation is a registered charity in United States, based in Schuyler, NE. It received its IRS tax-exemption ruling in April 2004, 22 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 October 2023, The Schuyler Public Library Foundation reported income of $50k and spending of $9,996, leaving 80% of income unspent that year. Across the 4 years on record, from October 2019 to October 2023, income grew from $17k to $50k (+196%), an average of +44% a year. The sharpest change came in the year to October 2020, when income rose by 6901%. Over the whole period it spent 3.0% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Schuyler Public Library Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within NE. Charities of a similar size with the same main cause include Friends Of@salisbury Elks Lodge 817 Inc ($50k), Southridge Instrumental Music and Dance Ensembles Inc ($50k) and Global Family for Love and Peace Incorporated ($50k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 6.2% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.