Rogers Public Libary Foundation

Analysis

Rogers Public Libary Foundation is a registered charity in United States, based in Rogers, AR. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Rogers Public Libary Foundation reported income of $105k and spending of $178k, spending 168% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $84k to $105k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2020, when income rose by 197%. Over the whole period it spent 140% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rogers Public Libary Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within AR. Charities of a similar size with the same main cause include United Methodist Retirement Homes Foundation ($105k), David Serlo Hardship Foundation Inc ($105k) and Book Across the Bay Inc ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% of the total. Compensation of current officers, directors and key employees was $41k (23% of expenses). At year end it held assets of $2.0m against liabilities of $24k, net assets of $2.0m. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.