LA Belle Free Public Library Inc

Analysis

LA Belle Free Public Library Inc is a registered charity in United States, based in Labelle, FL. It received its IRS tax-exemption ruling in October 1973, 53 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, LA Belle Free Public Library Inc reported income of $196k and spending of $214k, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $143k to $196k (+37%), an average of +8.2% a year. The sharpest change came in the year to September 2023, when income rose by 31%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, LA Belle Free Public Library Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Bluestem Montessori Elementary School ($196k), Frank C Havens School Parents Club ($196k) and Cisd Educational Support Groups Inc ($196k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 73% and program service revenue 5.0% of the total. Other salaries and wages came to $85k. At year end it held assets of $2.1m against liabilities of $1,165, net assets of $2.1m. It reported 6 employees.