North Smithfield Public Library

Analysis

North Smithfield Public Library is a registered charity in United States, based in Slatersville, RI. It received its IRS tax-exemption ruling in February 1945, 81 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, North Smithfield Public Library reported income of $503k and spending of $558k, spending 111% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $465k to $503k (+8.1%), an average of +2.6% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Smithfield Public Library sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within RI. Charities of a similar size with the same main cause include Community Based Education Support Services-Friends of Connections ($503k), Edison School Corporation ($503k) and Father Vincent Capodanno High School ($503k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Other salaries and wages came to $283k. At year end it held assets of $438k against liabilities of $3,745, net assets of $434k. It reported 10 employees.