Thompson Sawyer Public Library

Analysis

Thompson Sawyer Public Library is a registered charity in United States, based in Quanah, TX. It received its IRS tax-exemption ruling in September 2017, 9 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 December 2023, Thompson Sawyer Public Library reported income of $141k and spending of $80k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $73k to $141k (+92%), an average of +92% a year. The sharpest change came in the year to December 2023, when income rose by 92%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Thompson Sawyer Public Library sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Educational Models for Learning Inc ($141k), Angie Workman Scholarship Fund ($141k) and JT Moore PTO ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 0.1% of the total. At year end it held assets of $392k against liabilities of $0, net assets of $392k.