Sweetwater County Library Foundation Inc

Analysis

Sweetwater County Library Foundation Inc is a registered charity in United States, based in Green River, WY. It received its IRS tax-exemption ruling in April 1984, 42 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 December 2023, Sweetwater County Library Foundation Inc reported income of $124k and spending of $72k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $212k to $124k (-41%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 73%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sweetwater County Library Foundation Inc sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 39th percentile within WY. Charities of a similar size with the same main cause include Friends of Gardner ($124k), Ark Enterpreneurial Center ($124k) and Plymouth Christian Schools Foundation ($124k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $1.7m against liabilities of $2,413, net assets of $1.7m.