West Tisbury Library Foundation Inc

Analysis

West Tisbury Library Foundation Inc is a registered charity in United States, based in West Tisbury, MA. It received its IRS tax-exemption ruling in April 2010, 16 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, West Tisbury Library Foundation Inc reported income of $162k and spending of $94k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $177k to $162k (-8.3%), an average of -2.1% a year. The sharpest change came in the year to December 2022, when income rose by 96%. Over the whole period it spent 39% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, West Tisbury Library Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within MA. Charities of a similar size with the same main cause include South High Spartan Band Boosters ($162k), Karisma Inc ($162k) and Firefly Education ($162k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $1.0m against liabilities of $563, net assets of $1.0m.