Bainbridge Public Library Inc

Analysis

Bainbridge Public Library Inc is a registered charity in United States, based in Bainbridge Is, WA. It received its IRS tax-exemption ruling in March 1961, 65 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Bainbridge Public Library Inc reported income of $548k and spending of $360k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $360k to $548k (+52%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 91%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bainbridge Public Library Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within WA. Charities of a similar size with the same main cause include Passion for the Poor International ($547k), House of Champions ($548k) and Bay Area Teacher Training Institute ($547k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $7.3m against liabilities of $9,936, net assets of $7.3m.