Aldrich Free Public Library Assoc

Analysis

Aldrich Free Public Library Assoc is a registered charity in United States, based in Moosup, CT. It received its IRS tax-exemption ruling in March 1991, 35 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, Aldrich Free Public Library Assoc reported income of $98k and spending of $108k, spending 110% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $99k to $98k (-0.9%), an average of -0.9% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aldrich Free Public Library Assoc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within CT. Charities of a similar size with the same main cause include Plymouth Community Council on Aging Inc ($98k), Little League Baseball Inc ($98k) and Ride for a Cure Iwn Inc ($98k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $139k against liabilities of $354, net assets of $138k.