City of Wahoo Public Library Foundation

Analysis

City of Wahoo Public Library Foundation is a registered charity in United States, based in Wahoo, NE. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, City of Wahoo Public Library Foundation reported income of $281k and spending of $97k, leaving 66% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $185k to $281k (+52%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 131%. Over the whole period it spent 31% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, City of Wahoo Public Library Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within NE. Charities of a similar size with the same main cause include Clemente Course in the Humanities Inc ($281k), Jami-Ul-Jalil Muslim Organisation ($281k) and Wisconsin Mason Apprenticeship and Training Fund ($281k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.9% of the total. At year end it held assets of $6.5m against liabilities of $211k, net assets of $6.3m.