Slater Library Corporation

Analysis

Slater Library Corporation is a registered charity in United States, based in Jewett City, CT. It received its IRS tax-exemption ruling in May 1951, 75 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, Slater Library Corporation reported income of $216k and spending of $191k, spending 88% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $163k to $216k (+32%), an average of +5.7% a year. The sharpest change came in the year to June 2020, when income rose by 90%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Slater Library Corporation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within CT. Charities of a similar size with the same main cause include Santa Barbara Mission Archive-Libra Ry Inc ($216k), International School of Djibouti ($216k) and South Coast Childrens Services Inc ($216k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 68% and program service revenue 1.6% of the total. Other salaries and wages came to $94k. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 13 employees.