Sheridan County Library Foundation Inc

Analysis

Sheridan County Library Foundation Inc is a registered charity in United States, based in Sheridan, WY. It received its IRS tax-exemption ruling in May 1984, 42 years ago. 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 June 2024, Sheridan County Library Foundation Inc reported income of $492k and spending of $490k, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2024, income fell from $894k to $492k (-45%), an average of -18% a year. The sharpest change came in the year to June 2024, when income dropped by 28%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sheridan County Library Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within WY. Charities of a similar size with the same main cause include Jonas Willis Parmenter Home Inc ($492k), Camp Verde RHF Housing Inc ($492k) and Homebound Meals Inc ($492k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 61% of the total. At year end it held assets of $4.2m against liabilities of $799k, net assets of $3.4m.