Library Management Network Inc

Analysis

Library Management Network Inc is a registered charity in United States, based in Decatur, AL. It received its IRS tax-exemption ruling in April 1987, 39 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending September 2023, Library Management Network Inc reported income of $71k and spending of $74k, spending 104% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $80k to $71k (-10%), an average of -10% a year. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Library Management Network Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within AL. Charities of a similar size with the same main cause include Anaheim Police Survivors and Scholarship Fund ($71k), Kennedy Titans Booster Club ($71k) and South Port Square Scholarship Fund Inc ($71k).

At year end it held assets of $128k against liabilities of $1,308, net assets of $127k.