East Smithfield Public Library

Analysis

East Smithfield Public Library is a registered charity in United States, based in Smithfield, RI. It received its IRS tax-exemption ruling in February 1983, 43 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 Smithfield Public Library reported income of $780k and spending of $851k, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $781k to $780k (-0.1%), an average of +-0.0% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, East Smithfield Public Library sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within RI. Charities of a similar size with the same main cause include United Way of Grayson County Inc ($780k), Alpha Center ($780k) and Riverside Family Clinic ($780k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Other salaries and wages came to $536k. At year end it held assets of $1.0m against liabilities of $65k, net assets of $939k. It reported 16 employees.