East Haven Public Library Inc

Analysis

East Haven Public Library Inc is a registered charity in United States, based in East Haven, CT. It received its IRS tax-exemption ruling in June 2014, 12 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, East Haven Public Library Inc reported income of $1.0m and spending of $1.1m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $906k to $1.0m (+13%), an average of +3.2% a year. The sharpest change came in the year to June 2020, when income rose by 41%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, East Haven Public Library Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within CT. Charities of a similar size with the same main cause include Christian Campus House Inc ($1.0m), Lide Haiti ($1.0m) and New School for the Arts Middle School ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $73k (6.6% of expenses). Other salaries and wages came to $476k. At year end it held assets of $681k against liabilities of $0, net assets of $681k. It reported 27 employees.