Fort Edward Free Library Assoc

Analysis

Fort Edward Free Library Assoc is a registered charity in United States, based in Fort Edward, NY. It received its IRS tax-exemption ruling in October 2017, 9 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 December 2023, Fort Edward Free Library Assoc reported income of $80k and spending of $88k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $91k to $80k (-11%), an average of -11% a year. 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, Fort Edward Free Library Assoc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Wisconsin Title I Association ($80k), Seven Lakes High School Choir Booster Club ($80k) and Wissahickon Educational Opportunities Foundation ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $282k against liabilities of $0, net assets of $282k.