Friends of Sunderland Public Library

Analysis

Friends of Sunderland Public Library is a registered charity in United States, based in Sunderland, MA. It received its IRS tax-exemption ruling in February 2001, 25 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 June 2024, Friends of Sunderland Public Library reported income of $76k and spending of $46k, leaving 40% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $49k to $76k (+56%), an average of +56% a year. The sharpest change came in the year to June 2024, when income rose by 56%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Sunderland Public Library sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 38th percentile within MA. Charities of a similar size with the same main cause include Silverton High School Alumni Association ($76k), Wilson Creek Elementary Parent Teacher Organization ($76k) and Parent Booster USA Inc ($76k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 71% of the total. At year end it held assets of $250k against liabilities of $0, net assets of $250k.