Sullivan County Imagination Library

Analysis

Sullivan County Imagination Library is a registered charity in United States, based in Kingsport, TN. It received its IRS tax-exemption ruling in August 2009, 17 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, Sullivan County Imagination Library reported income of $114k and spending of $90k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $126k to $114k (-9.6%), an average of -9.6% a year. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sullivan County Imagination Library sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within TN. Charities of a similar size with the same main cause include Friends of the Ballston Spa Public Library Inc ($114k), Stillwater High Student Activity Foundation Endowment ($114k) and Nsoromma School Inc ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $231k against liabilities of $0, net assets of $231k.