Nowata City-County Library

Analysis

Nowata City-County Library is a registered charity in United States, based in Nowata, OK. It received its IRS tax-exemption ruling in July 2024, 2 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 June 2024, Nowata City-County Library reported income of $78k and spending of $118k, spending 153% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $100k to $78k (-22%), an average of -4.9% a year. The sharpest change came in the year to June 2021, when income dropped by 24%. Over the whole period it spent 136% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nowata City-County Library sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within OK. Charities of a similar size with the same main cause include Oak Creek Elementary PTO ($78k), Bloomfield Hills Schools Foundation ($78k) and MIT Club of Washington DC Inc ($77k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 81% of the total. Other salaries and wages came to $51k. At year end it held assets of $353k against liabilities of $0, net assets of $353k. It reported 5 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.