J R Huffman Public Library Inc

Analysis

J R Huffman Public Library Inc is a registered charity in United States, based in Hemphill, TX. It received its IRS tax-exemption ruling in July 1990, 36 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, J R Huffman Public Library Inc reported income of $126k and spending of $110k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $126k (+142%), an average of +142% a year. The sharpest change came in the year to December 2023, when income rose by 142%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, J R Huffman Public Library Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Tipton Christian School Incorporated ($126k), Hope 4 All ($126k) and Parent Booster USA Inc ($126k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $29k (26% of expenses). Other salaries and wages came to $11k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 2 employees.