T L L Temple Memorial Library & Archives

Analysis

T L L Temple Memorial Library & Archives is a registered charity in United States, based in Diboll, TX. It received its IRS tax-exemption ruling in March 2001, 25 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 December 2023, T L L Temple Memorial Library & Archives reported income of $918k and spending of $1.2m, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $911k to $918k (+0.9%), an average of +0.2% a year. Over the whole period it spent 118% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, T L L Temple Memorial Library & Archives sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Ifa Foundation ($918k), Chicago Freedom School ($919k) and Discover a Star ($918k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $194k (17% of expenses). Other salaries and wages came to $245k. At year end it held assets of $3.7m against liabilities of -$1,994, net assets of $3.7m. It reported 12 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.