Dorcas Library Assoc

Analysis

Dorcas Library Assoc is a registered charity in United States, based in Prospect Harbor, ME. It received its IRS tax-exemption ruling in November 1991, 35 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 December 2023, Dorcas Library Assoc reported income of $92k and spending of $62k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $92k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dorcas Library Assoc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 28th percentile within ME. Charities of a similar size with the same main cause include Healdsburg Greyhound Booster Club ($92k), PBS Concessions Inc ($92k) and Friends of West Florida Public Library Inc ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $485k against liabilities of $934, net assets of $485k.