Haverhill Library Association

Analysis

Haverhill Library Association is a registered charity in United States, based in Haverhill, NH. It received its IRS tax-exemption ruling in May 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 December 2023, Haverhill Library Association reported income of $116k and spending of $86k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $116k (+60%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Haverhill Library Association sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within NH. Charities of a similar size with the same main cause include Wareham Library Foundation Inc ($115k), Partnerschools Inc ($116k) and Central Texas Khmer Buddhist Temple Community ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 0.6% of the total. At year end it held assets of $310k against liabilities of $0, net assets of $310k.