Community Library Association Inc Ketchum Sun Valley & Triumph

Analysis

Community Library Association Inc Ketchum Sun Valley & Triumph is a registered charity in United States, based in Ketchum, ID. It received its IRS tax-exemption ruling in October 1957, 69 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Community Library Association Inc Ketchum Sun Valley & Triumph reported income of $5.1m and spending of $4.6m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.9m to $5.1m (-26%), an average of -7.4% a year. The sharpest change came in the year to June 2020, when income dropped by 34%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community Library Association Inc Ketchum Sun Valley & Triumph sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 95th percentile within ID. Charities of a similar size with the same main cause include Teach Northwest ($5.1m), Milestones Childrens Center ($5.1m) and Building Responsible Intelligent Creative Kids ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $195k (4.3% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $28.7m against liabilities of $3.5m, net assets of $25.2m. It reported 62 employees.