Ferguson Library

Analysis

Ferguson Library is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in December 1971, 55 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 2022, Ferguson Library reported income of $10.9m and spending of $10.7m, spending 99% of its income. Across the 4 years on record, from June 2019 to June 2022, income fell from $11.8m to $10.9m (-7.8%), an average of -2.7% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ferguson Library sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within CT. Charities of a similar size with the same main cause include The New York Opportunity Network Inc ($10.9m), Pursuit Transformation Company Inc ($10.9m) and Epiphany School ($10.9m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 95% and program service revenue 3.6% of the total. Other salaries and wages came to $5.4m. At year end it held assets of $21.9m against liabilities of $8.9m, net assets of $13.1m. It reported 29 employees.