Blue Hill Public Library Inc

Analysis

Blue Hill Public Library Inc is a registered charity in United States, based in Blue Hill, ME. It received its IRS tax-exemption ruling in May 1965, 61 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 December 2023, Blue Hill Public Library Inc reported income of $1.1m and spending of $895k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.1m (-16%), an average of -4.4% a year. The sharpest change came in the year to December 2021, when income rose by 194%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Blue Hill Public Library Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within ME. Charities of a similar size with the same main cause include Wellness Council of Indiana Inc ($1.1m), Home Works - THVP ($1.1m) and GFNS Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $119k (13% of expenses). Other salaries and wages came to $327k. At year end it held assets of $10.5m against liabilities of $34k, net assets of $10.4m. It reported 23 employees.