Ardmore Sample Cut and Library Inc

Analysis

Ardmore Sample Cut and Library Inc is a registered charity in United States, based in Ardmore, OK. It received its IRS tax-exemption ruling in March 1985, 41 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Ardmore Sample Cut and Library Inc reported income of $61k and spending of $52k, spending 85% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $49k to $61k (+24%), an average of +7.5% a year. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ardmore Sample Cut and Library Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within OK. Charities of a similar size with the same main cause include Berks Sinfonietta Inc ($61k), Black Inventors Hall of Fame ($61k) and South Central Threshers Association ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $34k (64% of expenses). At year end it held assets of $1.6m against liabilities of $2,510, net assets of $1.6m. It reported 1 employees.