Raymond Library Co Agent for Treasurer

Analysis

Raymond Library Co Agent for Treasurer is a registered charity in United States, based in East Hartford, CT. It received its IRS tax-exemption ruling in August 1944, 82 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 April 2023, Raymond Library Co Agent for Treasurer reported income of $112k and spending of $33k, leaving 71% of income unspent that year. Across the 5 years on record, from April 2019 to April 2023, income fell from $229k to $112k (-51%), an average of -16% a year. The sharpest change came in the year to April 2020, when income dropped by 39%. Over the whole period it spent 29% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Raymond Library Co Agent for Treasurer sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within CT. Charities of a similar size with the same main cause include Blue Ridge Irish Music School ($112k), Joshua Harr Shane Foundation Inc ($112k) and Van R Butler Parent Teacher Organization Inc ($112k).

At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.