Hale County Library Inc

Analysis

Hale County Library Inc is a registered charity in United States, based in Greensboro, AL. It received its IRS tax-exemption ruling in December 1985, 41 years ago. 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 2022, Hale County Library Inc reported income of $63k and spending of $57k, spending 90% of its income. Across the 4 years on record, from September 2019 to September 2022, income fell from $79k to $63k (-21%), an average of -7.5% a year. The sharpest change came in the year to September 2020, when income dropped by 29%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hale County Library Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within AL. Charities of a similar size with the same main cause include PTA Idaho Congress ($63k), San Marco Chamber Music Society ($63k) and Atlantic Brass Quintet Inc ($63k).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 72% of the total. Other salaries and wages came to $25k. At year end it held assets of $649k against liabilities of $0, net assets of $649k.