Turner Public Library

Analysis

Turner Public Library is a registered charity in United States, based in Turner, ME. It received its IRS tax-exemption ruling in December 1983, 43 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, Turner Public Library reported income of $100k and spending of $120k, spending 120% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $68k to $100k (+48%), an average of +8.2% a year. The sharpest change came in the year to June 2021, when income rose by 110%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Turner Public Library sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 30th percentile within ME. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($100k), Del Norte County Historical Society ($100k) and Chisholm Parent-Teacher Organizatio ($100k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 75% of the total. Other salaries and wages came to $35k. At year end it held assets of $627k against liabilities of $0, net assets of $627k. It reported 10 employees.