Lake County Oregon Library Endowment Fund Inc

Analysis

Lake County Oregon Library Endowment Fund Inc is a registered charity in United States, based in Lakeview, OR. It received its IRS tax-exemption ruling in July 1992, 34 years ago. 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 December 2023, Lake County Oregon Library Endowment Fund Inc reported income of $89k and spending of $26k, leaving 71% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $26k to $89k (+237%), an average of +237% a year. The sharpest change came in the year to December 2023, when income rose by 237%. Over the whole period it spent 34% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lake County Oregon Library Endowment Fund Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within OR. Charities of a similar size with the same main cause include Little League Baseball Inc ($89k), Old Middleton Road Apartments Inc ($89k) and Little League Baseball Inc ($89k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $522k against liabilities of $0, net assets of $522k.