East Blue Hill Library Association

Analysis

East Blue Hill Library Association is a registered charity in United States, based in Blue Hill, ME. It received its IRS tax-exemption ruling in May 1991, 35 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, East Blue Hill Library Association reported income of $421k and spending of $24k, leaving 94% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $29k to $421k (+1352%), an average of +1352% a year. The sharpest change came in the year to December 2023, when income rose by 1352%. Over the whole period it spent 7.8% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, East Blue Hill Library Association sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within ME. Charities of a similar size with the same main cause include Calumet County Agricultural Association ($421k), Fellowship of Christian Farmers International ($421k) and Palmetto Electric Trust ($421k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $683k against liabilities of $282, net assets of $683k.