Johnson County Library Foundation

Analysis

Johnson County Library Foundation is a registered charity in United States, based in Buffalo, WY. It received its IRS tax-exemption ruling in June 1976, 50 years ago. 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 2024, Johnson County Library Foundation reported income of $229k and spending of $76k, leaving 67% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income grew from $176k to $229k (+30%), an average of +9.0% a year. The sharpest change came in the year to June 2024, when income rose by 69%. Over the whole period it spent 39% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Johnson County Library Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within WY. Charities of a similar size with the same main cause include Harris Memorial Library ($229k), Raising Multicultural Kids ($229k) and Onward Roseburg ($229k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 30% of the total. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.