Friends of Shawano County Libraries Inc

Analysis

Friends of Shawano County Libraries Inc is a registered charity in United States, based in Shawano, WI. It received its IRS tax-exemption ruling in February 1992, 34 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Friends of Shawano County Libraries Inc reported income of $86k and spending of $53k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $86k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 123% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Shawano County Libraries Inc 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 33rd percentile, and in the 31st percentile within WI. Charities of a similar size with the same main cause include Foundation of the Energy Law Journal ($86k), Mill Valley Chamber Music Society ($86k) and The Heritage Museum of the Texas Hill Country Assn ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $392k against liabilities of $0, net assets of $392k.