Hopkinton Public Library Foundation of Hopkinton NH

Analysis

Hopkinton Public Library Foundation of Hopkinton NH is a registered charity in United States, based in Contoocook, NH. It received its IRS tax-exemption ruling in October 1988, 38 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, Hopkinton Public Library Foundation of Hopkinton NH reported income of $114k and spending of $173k, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $75k to $114k (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 162%. Over the whole period it spent 122% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hopkinton Public Library Foundation of Hopkinton NH sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within NH. Charities of a similar size with the same main cause include Titusville Soccer Club Inc ($114k), Alamosa Senior Citizens Inc ($114k) and League of Women Voters of Sacramento ($114k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $717k against liabilities of $0, net assets of $717k.