Hansford County Library

Analysis

Hansford County Library is a registered charity in United States, based in Spearman, TX. It received its IRS tax-exemption ruling in September 1964, 62 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, Hansford County Library reported income of $124k and spending of $107k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $109k to $124k (+13%), an average of +13% a year. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hansford County Library sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Academy of Construction Technologies Inc ($124k), Kewaskum Firefighters Associationinc ($124k) and Brooktondale Community Center Inc ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $480k against liabilities of $0, net assets of $480k.