Cumberland Tsap Library Foundation Inc

Analysis

Cumberland Tsap Library Foundation Inc is a registered charity in United States, based in Cumberland, WI. It received its IRS tax-exemption ruling in April 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, Cumberland Tsap Library Foundation Inc reported income of $1.1m and spending of $1,827, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $43k to $1.1m (+2433%), an average of +124% a year. The sharpest change came in the year to December 2023, when income rose by 3015%. Over the whole period it spent 5.5% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cumberland Tsap Library Foundation 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 81st percentile within WI. Charities of a similar size with the same main cause include Spokane Hearing Oral Program of Excellence Hope ($1.1m), Dr Phoebia G Moore Memorial Library Trust Fund Association ($1.1m) and Cypress College Foundation Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.