Niobrara County Library Foundation Inc

Analysis

Niobrara County Library Foundation Inc is a registered charity in United States, based in Lusk, WY. It received its IRS tax-exemption ruling in November 1986, 40 years ago. 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 June 2024, Niobrara County Library Foundation Inc reported income of $179k and spending of $153k, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $199k to $179k (-9.9%), an average of -2.6% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Niobrara County Library Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within WY. Charities of a similar size with the same main cause include Kreider Alliance ($179k), Volunteers of America Inc ($179k) and Vietnamese Parents with Disabled Children Association ($179k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 13% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.