Decatur County-Gilbert H Gragg Library Foundation Inc

Analysis

Decatur County-Gilbert H Gragg Library Foundation Inc is a registered charity in United States, based in Bainbridge, GA. It received its IRS tax-exemption ruling in May 1992, 34 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 2023, Decatur County-Gilbert H Gragg Library Foundation Inc reported income of $72k and spending of $60k, spending 83% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $197k to $72k (-64%), an average of -29% a year. The sharpest change came in the year to December 2021, when income dropped by 39%. Over the whole period it spent 44% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Decatur County-Gilbert H Gragg Library Foundation Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within GA. Charities of a similar size with the same main cause include Hammer Montessori Foundation ($72k), Mayfair Co-Op Preschool ($72k) and Creative Community Education Foundation ($72k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $794k against liabilities of $0, net assets of $794k.