Seraj Library Project

Analysis

Seraj Library Project is a registered charity in United States, based in Oak Park, IL. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Seraj Library Project reported income of $162k and spending of $156k, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2024, income fell from $273k to $162k (-41%), an average of -16% a year. The sharpest change came in the year to June 2023, when income dropped by 23%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seraj Library Project sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within IL. Charities of a similar size with the same main cause include USA Track & Field Minnesota Association ($162k), Grand Encampment Museum Inc ($162k) and District 1 Community Council ($162k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $179k against liabilities of $0, net assets of $179k.