Baxter County Public Library Foundation

Analysis

Baxter County Public Library Foundation is a registered charity in United States, based in Mountain Home, 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, Baxter County Public Library Foundation reported income of $1.4m and spending of $627k, leaving 56% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $418k to $1.4m (+241%), an average of +28% a year. The sharpest change came in the year to December 2020, when income rose by 202%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Baxter County 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 The Global Village Project Inc ($1.4m), International School for Autism ($1.4m) and Center for Whitley County Youth Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.8% and program service revenue 0.3% of the total. Other salaries and wages came to $130k. At year end it held assets of $14.8m against liabilities of $75k, net assets of $14.7m.