Wheeler School & Library of North Stonington

Analysis

Wheeler School & Library of North Stonington is a registered charity in United States, based in N Stonington, CT. It received its IRS tax-exemption ruling in December 1919, 107 years ago. 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, Wheeler School & Library of North Stonington reported income of $309k and spending of $264k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $179k to $309k (+72%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 111%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wheeler School & Library of North Stonington sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within CT. Charities of a similar size with the same main cause include Interfaith Homes of Longmeadow Phase Two Inc ($309k), Green Friends Montessori School ($309k) and Juust Living ($309k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% of the total. Compensation of current officers, directors and key employees was $40k (15% of expenses). Other salaries and wages came to $74k. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m. It reported 7 employees.