Southwest Florida Library Network

Analysis

Southwest Florida Library Network is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in August 1995, 31 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, Southwest Florida Library Network reported income of $669k and spending of $653k, spending 98% of its income. Across the 6 years on record, from September 2018 to September 2023, income fell from $709k to $669k (-5.6%), an average of -1.1% a year. The sharpest change came in the year to September 2021, when income dropped by 100%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southwest Florida Library Network sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Friends of the Pennsylvania Farm Show Foundation ($669k), Lake Lure Community Education Foundation ($669k) and Tuxedo Park Library ($669k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $115k (18% of expenses). Other salaries and wages came to $35k. At year end it held assets of $486k against liabilities of $246k, net assets of $240k. It reported 3 employees.