Thetford Library Federation Inc

Analysis

Thetford Library Federation Inc is a registered charity in United States, based in Thetford, VT. It received its IRS tax-exemption ruling in January 1973, 53 years ago. 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, Thetford Library Federation Inc reported income of $155k and spending of $223k, spending 143% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $120k to $155k (+30%), an average of +6.7% a year. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Thetford Library Federation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 38th percentile within VT. Charities of a similar size with the same main cause include Sherman Historical Society Inc ($155k), Central Pennsylvania Friends of Jazz ($155k) and Adaptive Sports Northwest ($155k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% of the total. At year end it held assets of $481k against liabilities of $0, net assets of $481k.