Fremont County Library Foundation Inc

Analysis

Fremont County Library Foundation Inc is a registered charity in United States, based in Lander, WY. It received its IRS tax-exemption ruling in January 1980, 46 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 2024, Fremont County Library Foundation Inc reported income of $65k and spending of $61k, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $29k to $65k (+126%), an average of +23% a year. The sharpest change came in the year to June 2021, when income rose by 1232%. Over the whole period it spent 42% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fremont County Library Foundation Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 20th percentile within WY. Charities of a similar size with the same main cause include PTA New Jersey Congress of Parents & Teachers ($65k), Key Club International ($65k) and Assistance House ($65k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.3% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.