Fluvanna Free Library

Analysis

Fluvanna Free Library is a registered charity in United States, based in Fluvanna, NY. It received its IRS tax-exemption ruling in March 1997, 29 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, Fluvanna Free Library reported income of $128k and spending of $47k, leaving 63% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $128k (+87%), an average of +87% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 46% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fluvanna Free Library sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Texas Rural Chief Appraisers Association Inc ($128k), Village Properties Teachers Fund ($128k) and Marcellus Sports Booster Club Inc ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.5% of the total. At year end it held assets of $175k against liabilities of $8,050, net assets of $167k.