Wilton Library Association Incorporated

Analysis

Wilton Library Association Incorporated is a registered charity in United States, based in Wilton, CT. It received its IRS tax-exemption ruling in April 1943, 83 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Wilton Library Association Incorporated reported income of $4.0m and spending of $3.9m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.3m to $4.0m (-7.2%), an average of -1.9% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wilton Library Association Incorporated sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within CT. Charities of a similar size with the same main cause include Special Education Service Agency a Public Agency ($4.0m), Truckers Against Trafficking ($4.0m) and PMC Support Corporation ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $177k (4.5% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $11.5m against liabilities of $45k, net assets of $11.5m. It reported 46 employees.