Del Norte Public Library

Analysis

Del Norte Public Library is a registered charity in United States, based in Del Norte, CO. It received its IRS tax-exemption ruling in December 2015, 11 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 December 2023, Del Norte Public Library reported income of $124k and spending of $116k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $150k to $124k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Del Norte Public Library sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 39th percentile within CO. Charities of a similar size with the same main cause include Lights Spectacular Hill Country Style Inc ($124k), Margaret Byrd Rawson Institute Inc ($124k) and Walt Whitman High School Parent Teachers Association Inc ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.4% of the total. At year end it held assets of $329k against liabilities of $1,347, net assets of $328k.