Bexar County Medical Library Association

Analysis

Bexar County Medical Library Association is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in September 1938, 88 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bexar County Medical Library Association reported income of $856k and spending of $956k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $794k to $856k (+7.8%), an average of +1.9% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bexar County Medical Library Association sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Internet Safety Labs Inc ($856k), Operation Give Back ($856k) and Pemiscot Progressive Industries Inc 705 W Washington ($856k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 10% of the total. Other salaries and wages came to $65k. At year end it held assets of $5.1m against liabilities of $3.4m, net assets of $1.7m. 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.