Weber County Library Development Fund

Analysis

Weber County Library Development Fund is a registered charity in United States, based in Ogden, UT. It received its IRS tax-exemption ruling in January 1980, 46 years ago. 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, Weber County Library Development Fund reported income of $101k and spending of $81k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $55k to $101k (+83%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 260%. Over the whole period it spent 51% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Weber County Library Development Fund sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within UT. Charities of a similar size with the same main cause include Berea Arts Council Inc ($101k), Kings Road School Parent Teacher Organization PTO ($101k) and Jamyang Foundation ($101k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.