Rutherford Library Assn

Analysis

Rutherford Library Assn is a registered charity in United States, based in South Bristol, ME. It received its IRS tax-exemption ruling in March 1993, 33 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 December 2023, Rutherford Library Assn reported income of $61k and spending of $74k, spending 121% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $71k to $61k (-14%), an average of -7.2% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rutherford Library Assn sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 17th percentile within ME. Charities of a similar size with the same main cause include Pennsylvania Art Education Assn ($61k), The Ammon Volunteer Fire Department Inc ($61k) and Meriden Boys Club Endowment Fund ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 0.6% of the total. Other salaries and wages came to $24k. At year end it held assets of $574k against liabilities of $0, net assets of $574k. It reported 1 employees.