Brandon Free Public Library Inc

Analysis

Brandon Free Public Library Inc is a registered charity in United States, based in Brandon, VT. It received its IRS tax-exemption ruling in January 1972, 54 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 December 2023, Brandon Free Public Library Inc reported income of $496k and spending of $397k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $180k to $496k (+176%), an average of +29% a year. The sharpest change came in the year to December 2021, when income rose by 437%. Over the whole period it spent 47% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brandon Free Public Library Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 65th percentile within VT. Charities of a similar size with the same main cause include Krasa Family Charitable Trust ($496k), Emile T Fisher Foundation for Dental Education in Georgia Inc ($496k) and Little Mountain Preschool ($496k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 0.1% of the total. Other salaries and wages came to $153k. At year end it held assets of $3.1m against liabilities of $378k, net assets of $2.7m. It reported 6 employees.