Teton County Library Foundation and Friends Inc

Analysis

Teton County Library Foundation and Friends Inc is a registered charity in United States, based in Jackson, WY. It received its IRS tax-exemption ruling in July 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 (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 2023, Teton County Library Foundation and Friends Inc reported income of $1.1m and spending of $605k, leaving 43% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $805k to $1.1m (+31%), an average of +9.5% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Teton County Library Foundation and Friends Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within WY. Charities of a similar size with the same main cause include Garden City Community Junior College Endowment Assn ($1.1m), Sci-Tech Discovery Center Inc ($1.1m) and McCall Community School Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $104k (17% of expenses). Other salaries and wages came to $12k. At year end it held assets of $9.0m against liabilities of $78k, net assets of $8.9m. It reported 3 employees.