Schleicher County Public Library

Analysis

Schleicher County Public Library is a registered charity in United States, based in Eldorado, TX. It received its IRS tax-exemption ruling in January 1973, 53 years ago. 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, Schleicher County Public Library reported income of $179k and spending of $63k, leaving 65% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $179k (+154%), an average of +154% a year. The sharpest change came in the year to December 2023, when income rose by 154%. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Schleicher County Public Library sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Los Angeles Harbor College Foundation ($179k), Boy Scouts of America ($179k) and PTA New York Congress ($179k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. At year end it held assets of $157k against liabilities of $2,310, net assets of $155k.