David M Hunt Library & School Ass Ociation

Analysis

David M Hunt Library & School Ass Ociation is a registered charity in United States, based in Falls Village, CT. It received its IRS tax-exemption ruling in January 1974, 52 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, David M Hunt Library & School Ass Ociation reported income of $183k and spending of $194k, spending 106% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $171k to $183k (+6.9%), an average of +2.2% a year. The sharpest change came in the year to June 2021, when income rose by 19%. 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, David M Hunt Library & School Ass Ociation sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within CT. Charities of a similar size with the same main cause include Habitat for Humanity International ($183k), San Luis Obispo Cal Ripken Baseball ($183k) and Salt and Light Global ($183k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $56k (29% of expenses). Other salaries and wages came to $26k. At year end it held assets of $651k against liabilities of $2,268, net assets of $649k. It reported 5 employees.