Butler County Library Board

Analysis

Butler County Library Board is a registered charity in United States, based in Morgantown, KY. It received its IRS tax-exemption ruling in April 1968, 58 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, Butler County Library Board reported income of $708k and spending of $353k, leaving 50% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $406k to $708k (+74%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 47%. 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, Butler County Library Board sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within KY. Charities of a similar size with the same main cause include Coalition of Urban and Metropolitan Universities ($708k), Historic Lewes Farmers Marketsociety ($708k) and Loma Linda Broadcasting Network Inc ($708k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 20% and program service revenue 78% of the total. Other salaries and wages came to $143k. At year end it held assets of $2.0m against liabilities of $8,008, net assets of $2.0m. It reported 6 employees.