Friends of the Cyrenius H Booth Library Inc

Analysis

Friends of the Cyrenius H Booth Library Inc is a registered charity in United States, based in Newtown, CT. It received its IRS tax-exemption ruling in July 1993, 33 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 July 2024, Friends of the Cyrenius H Booth Library Inc reported income of $141k and spending of $85k, leaving 39% of income unspent that year. Across the 3 years on record, from July 2019 to July 2024, income fell from $147k to $141k (-4.0%), an average of -2.0% a year. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends of the Cyrenius H Booth Library Inc sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within CT. Charities of a similar size with the same main cause include Blue & Company Foundation Inc ($141k), Lift the Spirit Fund Inc ($141k) and Between Horses and Humans ($141k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 9.5% of the total. At year end it held assets of $461k against liabilities of $0, net assets of $461k.