Gilmanton Year Round Library Association

Analysis

Gilmanton Year Round Library Association is a registered charity in United States, based in Gilmanton Iw, NH. It received its IRS tax-exemption ruling in August 2000, 26 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, Gilmanton Year Round Library Association reported income of $120k and spending of $134k, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $133k to $120k (-9.4%), an average of -2.4% a year. The sharpest change came in the year to June 2022, when income dropped by 33%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gilmanton Year Round Library Association sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within NH. Charities of a similar size with the same main cause include Rise Institute for Literacy Inc ($120k), Centennial High School Band Parents Association ($120k) and Seguin High School Band Boosters Inc ($120k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 0.5% of the total. Other salaries and wages came to $53k. At year end it held assets of $889k against liabilities of $997, net assets of $888k. It reported 5 employees.