The Liberal Memorial Library Foundation Inc

Analysis

The Liberal Memorial Library Foundation Inc is a registered charity in United States, based in Liberal, KS. It received its IRS tax-exemption ruling in March 1987, 39 years ago. 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, The Liberal Memorial Library Foundation Inc reported income of $96k and spending of $726, leaving 99% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $94k to $96k (+2.2%), an average of +0.5% a year. The sharpest change came in the year to December 2023, when income rose by 369%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Liberal Memorial Library Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within KS. Charities of a similar size with the same main cause include Pekin Memorial Hospital League ($96k), Tamworth History Center ($96k) and SC State Guard Mission & Operations Support Foundation Inc ($96k).

At year end it held assets of $684k against liabilities of $0, net assets of $684k.