Libraries for Kids Intl

Analysis

Libraries for Kids Intl is a registered charity in United States, based in Bluffton, SC. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Libraries for Kids Intl reported income of $61k and spending of $86k, spending 142% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $152k to $61k (-60%), an average of -60% a year. The sharpest change came in the year to December 2023, when income dropped by 60%. Over the whole period it spent 89% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Libraries for Kids Intl sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 30th percentile within SC. Charities of a similar size with the same main cause include Pridepads Africa Inc ($61k), Bradnjenministries ($61k) and Schools3 ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $54k against liabilities of $3,690, net assets of $50k.