Dr Phoebia G Moore Memorial Library Trust Fund Association

Analysis

Dr Phoebia G Moore Memorial Library Trust Fund Association is a registered charity in United States, based in Mannington, WV. It received its IRS tax-exemption ruling in August 2024, 2 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Dr Phoebia G Moore Memorial Library Trust Fund Association reported income of $1.1m and spending of $51k, leaving 95% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $39k to $1.1m (+2670%), an average of +426% a year. The sharpest change came in the year to December 2023, when income rose by 3695%. Over the whole period it spent 4.4% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dr Phoebia G Moore Memorial Library Trust Fund Association sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within WV. Charities of a similar size with the same main cause include Cumberland Tsap Library Foundation Inc ($1.1m), Dennis Aaron Ministries Inc ($1.1m) and Spokane Hearing Oral Program of Excellence Hope ($1.1m).

At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.