Sharkey-Issaquena County Library

Analysis

Sharkey-Issaquena County Library is a registered charity in United States, based in Rolling Fork, MS. It received its IRS tax-exemption ruling in April 1990, 36 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, Sharkey-Issaquena County Library reported income of $163k and spending of $167k, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $168k to $163k (-3.5%), an average of -0.9% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sharkey-Issaquena County Library sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within MS. Charities of a similar size with the same main cause include Brazosport Rotary Club Charitable Foundation Inc ($163k), Experimental Sounding Rocket Association ($163k) and Parent Booster USA Inc ($162k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $54k (32% of expenses). Other salaries and wages came to $37k. At year end it held assets of $565k against liabilities of $32k, net assets of $533k. It reported 3 employees.