Round Top Library Association Inc

Analysis

Round Top Library Association Inc is a registered charity in United States, based in Round Top, TX. It received its IRS tax-exemption ruling in October 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, Round Top Library Association Inc reported income of $361k and spending of $353k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $216k to $361k (+67%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Round Top Library Association Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include PTA of Ms 54 Inc ($361k), Pflugerville Education Foundation ($361k) and Panther Partners of Culver City Middle School ($361k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 6.8% of the total. Other salaries and wages came to $149k. At year end it held assets of $2.2m against liabilities of $2,687, net assets of $2.2m. It reported 8 employees.