Friends of the Edward Ward Carmack Gallatin Public Library

Analysis

Friends of the Edward Ward Carmack Gallatin Public Library is a registered charity in United States, based in Gallatin, TN. It received its IRS tax-exemption ruling in February 1999, 27 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 August 2024, Friends of the Edward Ward Carmack Gallatin Public Library reported income of $132k and spending of $20k, leaving 85% of income unspent that year. Across the 2 years on record, from August 2023 to August 2024, income grew from $42k to $132k (+212%), an average of +212% a year. The sharpest change came in the year to August 2024, when income rose by 212%. Over the whole period it spent 28% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of the Edward Ward Carmack Gallatin Public Library sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within TN. Charities of a similar size with the same main cause include Epochtimes Philadelphia ($132k), Live Oak County Area Go-Texan Inc ($132k) and Yuba-Sutter Farm Bureau Fund for Ag Education ($132k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 95% and program service revenue 3.5% of the total. At year end it held assets of $214k against liabilities of $0, net assets of $214k.