Sun Prairie Public Library Foundation Inc

Analysis

Sun Prairie Public Library Foundation Inc is a registered charity in United States, based in Sun Prairie, WI. It received its IRS tax-exemption ruling in July 2000, 26 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, Sun Prairie Public Library Foundation Inc reported income of $896k and spending of $276k, leaving 69% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $410k to $896k (+118%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 216%. Over the whole period it spent 26% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sun Prairie Public Library Foundation Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within WI. Charities of a similar size with the same main cause include Brooklyn Boatworks Inc ($896k), Ponderosa Montessori Inc ($896k) and United Christian Academy ($895k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $77k (28% of expenses). Other salaries and wages came to $31k. It paid $15k in professional fundraising fees. At year end it held assets of $2.9m against liabilities of $21k, net assets of $2.9m. It reported 3 employees.