Valley of the Tetons Library Foundation and Friends Inc

Analysis

Valley of the Tetons Library Foundation and Friends Inc is a registered charity in United States, based in Victor, ID. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Valley of the Tetons Library Foundation and Friends Inc reported income of $210k and spending of $209k, spending 100% of its income. Across the 2 years on record, from October 2022 to October 2023, income grew from $70k to $210k (+200%), an average of +200% a year. The sharpest change came in the year to October 2023, when income rose by 200%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Valley of the Tetons Library Foundation and Friends Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within ID. Charities of a similar size with the same main cause include SCHS Athletic Boosters Inc ($210k), Humanist Foundation ($210k) and Fcsi Education Foundation Inc ($210k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.