Levi E Coe Library Association

Analysis

Levi E Coe Library Association is a registered charity in United States, based in Middlefield, CT. It received its IRS tax-exemption ruling in October 1960, 66 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, Levi E Coe Library Association reported income of $374k and spending of $349k, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $311k to $374k (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Levi E Coe Library Association sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within CT. Charities of a similar size with the same main cause include Moynihan Scholarship Fund Inc ($373k), Teach2learn Inc ($374k) and Vscpa Educational Foundation Inc ($373k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 2.1% of the total. Other salaries and wages came to $194k. It paid $3,770 in professional fundraising fees. At year end it held assets of $490k against liabilities of $0, net assets of $490k. It reported 6 employees.