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North Carolina · Nonprofit

The Library Foundation of New Hanover County Inc

The Library Foundation of New Hanover County Inc (North Carolina) receives grants from 5 organizations whose IRS filings report $64,200 to it, the largest being J Tylee Wilson Family Foundation ($45,000). 3 of them have funded it in more than one year.

Revenue FY2025
$272k
Funders on record
5
Grants received
$64k
Net assets
$1.4M
3/5 repeat funderspeak grant-dependency 18%
01What it does

What The Library Foundation of New Hanover County Inc does

Mission

The mission is to strengthen the services of the New Hanover County Public Library by providing funding that complements, but does not supplant the responsibility of the New Hanover County to adequately support its public library system.

As stated on its FY2025 Form 990.

Program

  1. To strenghthen the services of the New Hanover County Public Library by providing funding that complements New Hanover County in supportingthe public library.

    $75,500 spent
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $75,500.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($67k) Expenses 100 ($15k) Net assets 100 ($689k)2018 Revenue 116 ($78k) Expenses 101 ($15k) Net assets 103 ($711k)2019 Revenue 123 ($83k) Expenses 467 ($70k) Net assets 122 ($839k)2020 Revenue 58 ($39k) Expenses 136 ($20k) Net assets 139 ($959k)2021 Revenue 129 ($87k) Expenses 337 ($51k) Net assets 156 ($1.1M)2022 Revenue 68 ($46k) Expenses 5 ($802) Net assets 134 ($927k)2023 Revenue 152 ($103k) Expenses 500 ($75k) Net assets 147 ($1.0M)2024 Revenue 132 ($89k) Expenses 368 ($55k) Net assets 164 ($1.1M)2025 Revenue 404 ($272k) Expenses 515 ($78k) Net assets 203 ($1.4M)
'17'18'19'20'21'22'23'24'25
Revenue (404)Expenses (515)Net assets (203)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $1.1M to $1.4M (+24%).

$689k
$711k
$839k
$959k
$1.1M
$927k
$1.0M
$1.1M
$1.4M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

68% of The Library Foundation of New Hanover County Inc’s revenue is contributions — more donation-reliant than the typical peer (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$52k
’17
$63k
’18
$12k
’19
$19k
’20
$36k
’21
$45k
’22
$27k
’23
$34k
’24
$194k
’25
216
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed333333333
Joined·+1+1+0+1+0+1+0+3
No longer listed·11010103
03Who funds it

Who funds it, year by year

2018 → 2023: the base narrowed from 3 funders to 2 funders, grant income rose $10k → $12k.

From the IRS filings of The Library Foundation of New Hanover County Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

The Library Foundation of New Hanover County Inc leans on a few funders — its largest provides 70% of grant income and the top three 97%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

70%
largest funder
97%
top three
~2
effective funders

Largest funder’s share by year: 2018 50% · 2019 70% · 2020 71% · 2021 71% · 2022 71% · 2023 83% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

The Library Foundation of New Hanover County Inc draws 81% of its grant income from funders outside North Carolina, across 4 states in all.

NY
DE
NC
TX

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

The Library Foundation of New Hanover County Inc runs a healthier operating margin than three-quarters of the 16,849 education nonprofits its size.

Operating margin71% · top quartile
Months of reserve216.1mo · top quartile
Revenue growth (annualized)19% · top quartile

this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025

Organizations like The Library Foundation of New Hanover County Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

97% of spending goes to programs.

Program 97%Management 3%Fundraising 0%

Governance

3
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for The Library Foundation of New Hanover County Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds The Library Foundation of New Hanover County Inc?
The Library Foundation of New Hanover County Inc (North Carolina) receives grants from 5 organizations whose IRS filings report $64,200 to it, the largest being J Tylee Wilson Family Foundation ($45,000). 3 of them have funded it in more than one year.
How many funders does The Library Foundation of New Hanover County Inc have?
IRS filings report 5 organizations giving $64,200 in grants to The Library Foundation of New Hanover County Inc, 3 of which have funded it in more than one year.
Who is the largest funder of The Library Foundation of New Hanover County Inc?
J Tylee Wilson Family Foundation is the largest funder on record, with $45,000 in grants. The full list of funders is on this page.
How can an organization like The Library Foundation of New Hanover County Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing