Endowment Fund of the Hopkinsville Christian County Public Library

Analysis

Endowment Fund of the Hopkinsville Christian County Public Library is a registered charity in United States, based in Hopkinsville, KY. It received its IRS tax-exemption ruling in December 1981, 45 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Endowment Fund of the Hopkinsville Christian County Public Library reported income of $217k and spending of $203k, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $122k to $217k (+78%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 143%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Endowment Fund of the Hopkinsville Christian County Public Library sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within KY. Charities of a similar size with the same main cause include W Va Farm Bureau Foundation Inc ($217k), Carroll Scholarship Foundation Inc ($217k) and South Carolina First Steps to School Readiness Board of Trustees ($217k).

Compensation of current officers, directors and key employees was $14k (6.9% of expenses). At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m.