Brooke County Library Foundation Inc

Analysis

Brooke County Library Foundation Inc is a registered charity in United States, based in Wellsburg, WV. It received its IRS tax-exemption ruling in February 2015, 11 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 2021, Brooke County Library Foundation Inc reported income of $66k and spending of $43k, leaving 34% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $43k to $66k (+52%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 89%. Over the whole period it spent 23% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brooke County Library Foundation Inc sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within WV. Charities of a similar size with the same main cause include J C Movement Inc ($66k), Parent Booster USA Inc ($66k) and Paso Robles Library Foundation ($66k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $30k (69% of expenses). At year end it held assets of $189k against liabilities of $0, net assets of $189k. It reported 1 employees.