Jefferson County Library Cooperative Inc

Analysis

Jefferson County Library Cooperative Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in August 1985, 41 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, Jefferson County Library Cooperative Inc reported income of $1.2m and spending of $1.3m, spending 108% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.2m to $1.2m (+6.0%), an average of +1.5% a year. The sharpest change came in the year to September 2021, when income rose by 15%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jefferson County Library Cooperative Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within AL. Charities of a similar size with the same main cause include Fueled Schools Inc ($1.2m), Clinical Initiatives Inc ($1.2m) and Conway School of Landscape Design Inc ($1.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 38% and program service revenue 60% of the total. Other salaries and wages came to $529k. At year end it held assets of $1.3m against liabilities of $24k, net assets of $1.3m. It reported 9 employees.