Peacham Library

Analysis

Peacham Library is a registered charity in United States, based in Peacham, VT. It received its IRS tax-exemption ruling in May 1970, 56 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 June 2024, Peacham Library reported income of $108k and spending of $97k, spending 90% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $143k to $108k (-24%), an average of -5.4% a year. The sharpest change came in the year to June 2020, when income dropped by 56%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Peacham Library sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 29th percentile within VT. Charities of a similar size with the same main cause include Mecklenburg Ministries ($108k), Southern California World Service of Afg Inc ($108k) and Nativity of Our Lord Monastery ($108k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 77% and program service revenue 2.0% of the total. Other salaries and wages came to $53k. At year end it held assets of $828k against liabilities of $1,222, net assets of $826k. It reported 6 employees.