Wareham Library Foundation Inc

Analysis

Wareham Library Foundation Inc is a registered charity in United States, based in East Wareham, MA. It received its IRS tax-exemption ruling in May 2007, 19 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 June 2024, Wareham Library Foundation Inc reported income of $115k and spending of $38k, leaving 67% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income grew from $97k to $115k (+19%), an average of +6.1% a year. The sharpest change came in the year to June 2023, when income rose by 188%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wareham Library Foundation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 47th percentile within MA. Charities of a similar size with the same main cause include Central Texas Khmer Buddhist Temple Community ($115k), Haverhill Library Association ($116k) and Cypress Creek Cougar Athletic Booster Club Inc ($115k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 91% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.