East Greenwich Free Library Association

Analysis

East Greenwich Free Library Association is a registered charity in United States, based in E Greenwich, RI. It received its IRS tax-exemption ruling in September 1934, 92 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 2023, East Greenwich Free Library Association reported income of $879k and spending of $852k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $869k to $879k (+1.2%), an average of +0.4% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, East Greenwich Free Library Association sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within RI. Charities of a similar size with the same main cause include Safe Harbor ($879k), Korean American Community Housing Services Inc ($879k) and Grassroots Leadership Inc ($878k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 1.8% of the total. Other salaries and wages came to $450k. At year end it held assets of $4.8m against liabilities of $195k, net assets of $4.6m. It reported 20 employees.