Foundation for the Sevier County Public Library System

Analysis

Foundation for the Sevier County Public Library System is a registered charity in United States, based in Sevierville, TN. It received its IRS tax-exemption ruling in July 2004, 22 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, Foundation for the Sevier County Public Library System reported income of $170k and spending of $50k, leaving 70% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $170k to $170k (-0.1%), an average of +-0.0% a year. The sharpest change came in the year to December 2021, when income rose by 241%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for the Sevier County Public Library System sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within TN. Charities of a similar size with the same main cause include Frank J Evans Charitable Foundation ($170k), Mariposa Ffa Boosters ($170k) and Felta Foundation ($170k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $893k against liabilities of $0, net assets of $893k.