Centerville Public Library Assoc Inc

Analysis

Centerville Public Library Assoc Inc is a registered charity in United States, based in Centerville, MA. It received its IRS tax-exemption ruling in July 1971, 55 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 2024, Centerville Public Library Assoc Inc reported income of $701k and spending of $691k, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $695k to $701k (+0.9%), an average of +0.2% a year. The sharpest change came in the year to June 2023, when income rose by 36%. 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, Centerville Public Library Assoc Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MA. Charities of a similar size with the same main cause include Kidz Space Enrichment Programs ($701k), Kinhaven School Inc ($701k) and My Hero Project Inc ($701k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 85% and program service revenue 4.0% of the total. Other salaries and wages came to $343k. At year end it held assets of $3.6m against liabilities of $13k, net assets of $3.6m. It reported 19 employees.