Belgrade Community Library Foundation Inc

Analysis

Belgrade Community Library Foundation Inc is a registered charity in United States, based in Belgrade, MT. It received its IRS tax-exemption ruling in January 2000, 26 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 June 2024, Belgrade Community Library Foundation Inc reported income of $77k and spending of $54k, leaving 29% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $180k to $77k (-57%), an average of -16% a year. The sharpest change came in the year to June 2020, when income rose by 288%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Belgrade Community Library Foundation Inc sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within MT. Charities of a similar size with the same main cause include Raider Band Booster Club ($77k), Parent Booster USA Inc ($77k) and Hudson United Soccer Club ($77k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 39% of the total. At year end it held assets of $382k against liabilities of $444, net assets of $382k.