Laramie County Library Foundation Inc

Analysis

Laramie County Library Foundation Inc is a registered charity in United States, based in Cheyenne, WY. It received its IRS tax-exemption ruling in April 1986, 40 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Laramie County Library Foundation Inc reported income of $972k and spending of $214k, leaving 78% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $245k to $972k (+296%), an average of +58% a year. The sharpest change came in the year to June 2022, when income rose by 66%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Laramie County Library Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within WY. Charities of a similar size with the same main cause include Unity School Inc ($971k), Lmta Foundation Inc ($972k) and Coastal Community Preschool Inc ($971k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 0.2% of the total. At year end it held assets of $3.2m against liabilities of $1.4m, net assets of $1.8m.