Estacado Library Information Network Inc

Analysis

Estacado Library Information Network Inc is a registered charity in United States, based in Hobbs, NM. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Estacado Library Information Network Inc reported income of $222k and spending of $251k, spending 113% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $229k to $222k (-3.2%), an average of -0.8% a year. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Estacado Library Information Network Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within NM. Charities of a similar size with the same main cause include Mid-Missouri Relief Sale ($222k), Georgia Federation of Womens Clubs ($222k) and Andrew J Griffin Foundation Inc ($222k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $315k against liabilities of $0, net assets of $315k.