Joe Barnhart Bee County Library Inc

Analysis

Joe Barnhart Bee County Library Inc is a registered charity in United States, based in Beeville, TX. 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 September 2023, Joe Barnhart Bee County Library Inc reported income of $482k and spending of $528k, spending 110% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $459k to $482k (+5.0%), an average of +1.2% a year. Over the whole period it spent 115% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Joe Barnhart Bee County Library Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include South Carolina First Steps to School Readiness Board of Trustees ($482k), Monarch Athletic Association ($482k) and Rosen Tangelo Park Preschool Foundation Inc ($482k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% and program service revenue 5.9% of the total. Compensation of current officers, directors and key employees was $75k (14% of expenses). Other salaries and wages came to $156k. At year end it held assets of $707k against liabilities of $2,652, net assets of $704k. It reported 7 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.