West Hartford Library Foundation Inc

Analysis

West Hartford Library Foundation Inc is a registered charity in United States, based in West Hartford, CT. It received its IRS tax-exemption ruling in January 1982, 44 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, West Hartford Library Foundation Inc reported income of $109k and spending of $108k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $151k to $109k (-28%), an average of -7.8% a year. The sharpest change came in the year to June 2021, when income rose by 207%. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Hartford Library Foundation Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within CT. Charities of a similar size with the same main cause include Minnesota Selects Hockey Club ($109k), Portrait of a Warrior Gallery Kern County ($109k) and Jimmy Dell Ministries Inc ($109k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 5.5% of the total. At year end it held assets of $3.7m against liabilities of $0, net assets of $3.7m.