Avon Free Public Library Inc

Analysis

Avon Free Public Library Inc is a registered charity in United States, based in Avon, CT. It received its IRS tax-exemption ruling in June 1984, 42 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, Avon Free Public Library Inc reported income of $183k and spending of $165k, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $145k to $183k (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2021, when income rose by 50%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Avon Free Public Library Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within CT. Charities of a similar size with the same main cause include Livingston Arts Council ($183k), Free Public Library of Stratford ($183k) and Mary Mahoney Professional Nurses Organization ($183k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 78% and program service revenue 12% of the total. At year end it held assets of $609k against liabilities of $0, net assets of $609k.