Hall County Library System

Analysis

Hall County Library System is a registered charity in United States, based in Gainesville, GA. It received its IRS tax-exemption ruling in November 2001, 25 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 2023, Hall County Library System reported income of $3.9m and spending of $3.5m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $3.9m (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2020, when income rose by 45%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hall County Library System sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within GA. Charities of a similar size with the same main cause include Spokane Valley Christian School ($3.9m), Montessori Island Charter School Inc ($3.9m) and Carden Academy of Maui ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $114k (3.3% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $4.5m against liabilities of $5.7m, net assets of -$1.2m. It reported 95 employees.