McCulloch County Library Association Inc

Analysis

McCulloch County Library Association Inc is a registered charity in United States, based in Brady, TX. It received its IRS tax-exemption ruling in January 1997, 29 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 September 2024, McCulloch County Library Association Inc reported income of $70k and spending of $42k, leaving 40% of income unspent that year. Across the 2 years on record, from September 2023 to September 2024, income grew from $36k to $70k (+94%), an average of +94% a year. The sharpest change came in the year to September 2024, when income rose by 94%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, McCulloch County Library Association Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within TX. Charities of a similar size with the same main cause include Tutorial School Inc ($70k), Switlik Parent Teacher Network ($70k) and Millbrook Pioneers Athletic Association ($70k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.