Winter Park Library Assn

Analysis

Winter Park Library Assn is a registered charity in United States, based in Winter Park, FL. It received its IRS tax-exemption ruling in July 1955, 71 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 September 2023, Winter Park Library Assn reported income of $5.2m and spending of $4.4m, spending 83% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.4m to $5.2m (+53%), an average of +11% a year. The sharpest change came in the year to September 2022, when income rose by 73%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Winter Park Library Assn sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Renaissance Learning Academy Inc ($5.2m), Wakefield Country Day School Inc ($5.2m) and Montessori in Redlands Inc ($5.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 72% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $99k (2.3% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $9.1m against liabilities of $291k, net assets of $8.8m. It reported 47 employees.