Berwick Library Association

Analysis

Berwick Library Association is a registered charity in United States, based in Berwick, ME. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Berwick Library Association reported income of $80k and spending of $14k, leaving 83% of income unspent that year. Across the 2 years on record, from June 2020 to June 2023, income fell from $128k to $80k (-37%), an average of -37% a year. The sharpest change came in the year to June 2023, when income dropped by 37%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Berwick Library Association sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 24th percentile within ME. Charities of a similar size with the same main cause include James P Lang Scholarship Fund ($80k), Indianapolis Liederkranz Inc ($80k) and Western Heritage Lutheran Academy ($80k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $397k against liabilities of $0, net assets of $397k.