Latta Library Foundation Inc

Analysis

Latta Library Foundation Inc is a registered charity in United States, based in Latta, SC. It received its IRS tax-exemption ruling in September 2020, 6 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, Latta Library Foundation Inc reported income of $138k and spending of $34k, leaving 76% of income unspent that year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 44% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Latta Library Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 51st percentile within SC. Charities of a similar size with the same main cause include Ramona Christian Homeschool Community ($138k), Appalachian Institute for Creative Learning ($138k) and Westridge Elementary School Parent- Teacher-Student Organization ($138k).

At year end it held assets of $2.4m against liabilities of $11k, net assets of $2.4m.