Stark County District Library Foundation

Analysis

Stark County District Library Foundation is a registered charity in United States, based in Canton, OH. It received its IRS tax-exemption ruling in September 2006, 20 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 December 2023, Stark County District Library Foundation reported income of $126k and spending of $36k, leaving 71% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $179k to $126k (-29%), an average of -8.3% a year. The sharpest change came in the year to December 2023, when income rose by 110%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Stark County District Library Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within OH. Charities of a similar size with the same main cause include Marie a Mansbach Memorial Student Motivation Program ($126k), Start School Later Inc ($126k) and Stella Schola PTO ($126k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.4% of the total. At year end it held assets of $844k against liabilities of $0, net assets of $844k.