Cyrenius H Booth Library

Analysis

Cyrenius H Booth Library is a registered charity in United States, based in Newtown, CT. It received its IRS tax-exemption ruling in February 1963, 63 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 2024, Cyrenius H Booth Library reported income of $1.9m and spending of $1.9m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.8m to $1.9m (+8.5%), an average of +2.1% a year. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cyrenius H Booth Library sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within CT. Charities of a similar size with the same main cause include University of Wisconsin-Superior Alumni and Friends Foundation Inc ($1.9m), Coeur du Christ Academy Inc ($1.9m) and Washburn Academy Inc ($1.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $228k (12% of expenses). Other salaries and wages came to $769k. At year end it held assets of $5.0m against liabilities of $118k, net assets of $4.9m. It reported 44 employees.