Dekalb Library Foundation Inc

Analysis

Dekalb Library Foundation Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in September 1998, 28 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, Dekalb Library Foundation Inc reported income of $465k and spending of $388k, spending 83% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $236k to $465k (+97%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dekalb Library Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within GA. Charities of a similar size with the same main cause include Tucson Community School Inc ($465k), The Ormewood School Inc ($465k) and Project Transformation National ($465k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.