Twin Falls Public Library Foundation Inc

Analysis

Twin Falls Public Library Foundation Inc is a registered charity in United States, based in Twin Falls, ID. It received its IRS tax-exemption ruling in March 1988, 38 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 April 2024, Twin Falls Public Library Foundation Inc reported income of $434k and spending of $146k, leaving 66% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income grew from $40k to $434k (+986%), an average of +82% a year. The sharpest change came in the year to April 2023, when income rose by 2579%. Over the whole period it spent 38% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Twin Falls Public Library Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within ID. Charities of a similar size with the same main cause include Physicians Leadership Academy ($434k), Digital Workforce Academy Inc ($434k) and Stillman Home & School Association Stillman H S a Inc ($433k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 73% of the total. Other salaries and wages came to $58k. At year end it held assets of $3.6m against liabilities of $902, net assets of $3.6m. It reported 2 employees.