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Library and Information Resources Network Inc

RegisteredEIN 65-0767261Clearwater, FLEducation and training
Income$3.9m2023-06
Spending$3.3msame year
Spent / received94%5-year average
Size in its cause87th pctEducation and training
Exempt since1998Supporting organisation
Employees0latest return

Analysis

Library and Information Resources Network Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Library and Information Resources Network Inc reported income of $3.9m and spending of $3.3m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $3.9m (+58%), an average of +12% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Library and Information Resources Network Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Maine Mathematics and Science Alliance ($3.9m), Myfuturenc Inc ($3.9m) and Pioneer Technology & Arts Academy of Arizona ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.3% and program service revenue 90% of the total. Other salaries and wages came to $621k. At year end it held assets of $2.6m against liabilities of $88k, net assets of $2.5m.

Income and spending

$0$968k$1.9m$2.9m$3.9m2019 Income: $2,454,5472019 Spending: $2,908,72920192020 Income: $2,807,1322020 Spending: $2,751,38220202021 Income: $3,169,4092021 Spending: $2,881,25920212022 Income: $3,371,0192022 Spending: $2,985,45220222023 Income: $3,871,4492023 Spending: $3,262,6792023
IncomeSpending

Where the income comes from

  • Contributions & grants 8.3%
  • Program services 90%
  • Other 2.1%

Similar-sized charities, same cause

CharityLocationIncome
Maine Mathematics and Science AllianceAugusta$3.9m
Myfuturenc IncRaleigh$3.9m
Pioneer Technology & Arts Academy of ArizonaDallas$3.9m
Walnut Hill Properties CorporationMedford$3.9m