West Falmouth Library Incorporated

Analysis

West Falmouth Library Incorporated is a registered charity in United States, based in West Falmouth, MA. It received its IRS tax-exemption ruling in February 1957, 69 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, West Falmouth Library Incorporated reported income of $617k and spending of $406k, leaving 34% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $331k to $617k (+86%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 105%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, West Falmouth Library Incorporated sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include St Coletta Day School of Milwaukee Inc ($617k), M Street Center ($617k) and Lake Country Christian School Inc ($616k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 4.1% of the total. Other salaries and wages came to $129k. It paid $36k in professional fundraising fees. At year end it held assets of $4.3m against liabilities of $1,133, net assets of $4.3m. It reported 8 employees.