Fayetteville Public Library Foundation

Analysis

Fayetteville Public Library Foundation is a registered charity in United States, based in Fayetteville, AR. It received its IRS tax-exemption ruling in August 1999, 27 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 December 2023, Fayetteville Public Library Foundation reported income of $1.4m and spending of $2.1m, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.5m to $1.4m (-74%), an average of -28% a year. The sharpest change came in the year to December 2022, when income dropped by 55%. Over the whole period it spent 39% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fayetteville Public Library Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within AR. Charities of a similar size with the same main cause include Playhouse Inc ($1.4m), Manhattan Christian Academy ($1.4m) and Elyon College ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. Other salaries and wages came to $161k. At year end it held assets of $26.4m against liabilities of $6.7m, net assets of $19.7m. It reported 3 employees.