South Londonderry Library Association Inc

Analysis

South Londonderry Library Association Inc is a registered charity in United States, based in S Londonderry, VT. It received its IRS tax-exemption ruling in February 1981, 45 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, South Londonderry Library Association Inc reported income of $123k and spending of $75k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $123k (+58%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Londonderry Library Association Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 32nd percentile within VT. Charities of a similar size with the same main cause include Lees Cares Foundation ($123k), Champions FC Inc ($123k) and Want Institute for Marriage Family and Child Counseling ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $381k against liabilities of $1,576, net assets of $379k.