Wayne County Public Library Inc

Analysis

Wayne County Public Library Inc is a registered charity in United States, based in Goldsboro, NC. It received its IRS tax-exemption ruling in May 1945, 81 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 June 2024, Wayne County Public Library Inc reported income of $159k and spending of $259k, spending 163% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $50k to $159k (+216%), an average of +33% a year. The sharpest change came in the year to June 2021, when income rose by 902%. Over the whole period it spent 42% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wayne County Public Library Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within NC. Charities of a similar size with the same main cause include New York-Nasp Foundation Inc ($159k), Franklin Elementary School Parent Teacher Club Inc ($159k) and Airport Rotary Foundation ($159k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 36% of the total. At year end it held assets of $2.6m against liabilities of $0, net assets of $2.6m.