Peru Free Library

Analysis

Peru Free Library is a registered charity in United States, based in Peru, NY. It received its IRS tax-exemption ruling in November 1985, 41 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 December 2023, Peru Free Library reported income of $120k and spending of $139k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $106k to $120k (+13%), an average of +13% a year. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Peru Free Library sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include Pacific Coast Community Acupuncture ($120k), Viking Rowing Foundation Inc ($120k) and Open Design Collective Inc ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $116k against liabilities of $2,855, net assets of $113k.