Norman Williams Public Library

Analysis

Norman Williams Public Library is a registered charity in United States, based in Woodstock, VT. It received its IRS tax-exemption ruling in March 1943, 83 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Norman Williams Public Library reported income of $666k and spending of $755k, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $810k to $666k (-18%), an average of -4.8% a year. The sharpest change came in the year to June 2022, when income rose by 224%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Norman Williams Public Library sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 71st percentile within VT. Charities of a similar size with the same main cause include Nebraska Christian Schools Foundation ($666k), Kuumba Learning Center Inc ($666k) and Geo Properties Foundation Inc ($666k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 8.6% of the total. Compensation of current officers, directors and key employees was $77k (10% of expenses). Other salaries and wages came to $289k. At year end it held assets of $6.8m against liabilities of $43k, net assets of $6.7m. It reported 13 employees.