Eula and David Wintermann Library Inc

Analysis

Eula and David Wintermann Library Inc is a registered charity in United States, based in Eagle Lake, TX. It received its IRS tax-exemption ruling in September 1992, 34 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 2023, Eula and David Wintermann Library Inc reported income of $204k and spending of $137k, leaving 33% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $197k to $204k (+3.8%), an average of +1.2% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eula and David Wintermann Library Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Denison Society Inc ($204k), Westwood Nursery School Inc ($204k) and Cowlitz Chaplaincy ($204k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 2.5% of the total. Other salaries and wages came to $81k. At year end it held assets of $1.3m against liabilities of $1,358, net assets of $1.3m.