Kenton County Public Library Foundation Inc

Analysis

Kenton County Public Library Foundation Inc is a registered charity in United States, based in Erlanger, KY. It received its IRS tax-exemption ruling in May 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 2024, Kenton County Public Library Foundation Inc reported income of $128k and spending of $84k, leaving 34% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $51k to $128k (+153%), an average of +26% a year. The sharpest change came in the year to June 2024, when income rose by 168%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kenton County Public Library Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within KY. Charities of a similar size with the same main cause include Usd 232 Education Foundation ($128k), Care Village Outreach Inc ($128k) and United Resource Center ($128k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 84% and program service revenue 3.9% of the total. At year end it held assets of $728k against liabilities of $0, net assets of $728k.