Lincoln County Library Foundation Inc

Analysis

Lincoln County Library Foundation Inc is a registered charity in United States, based in Kemmerer, WY. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lincoln County Library Foundation Inc reported income of $74k and spending of $100k, spending 135% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $60k to $74k (+23%), an average of +7.2% a year. The sharpest change came in the year to June 2022, when income rose by 48%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lincoln County Library Foundation Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 24th percentile within WY. Charities of a similar size with the same main cause include Friends of the Los Gatos Public Library ($74k), North Valley Knights Booster Club ($74k) and Mid-America Association for Computers in Education ($74k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.