Ames Free Library of Easton Inc
Analysis
Ames Free Library of Easton Inc is a registered charity in United States, based in North Easton, MA. It received its IRS tax-exemption ruling in August 2019, 7 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 June 2023, Ames Free Library of Easton Inc reported income of $1.5m and spending of $1.4m, spending 94% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $1.5m to $1.5m (+1.7%), an average of +0.6% a year. Over the whole period it spent 94% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Ames Free Library of Easton Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include Grad Cincinnati Inc ($1.5m), Summit Academy Secondary School - Akron ($1.5m) and Mapsa Foundation ($1.5m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 2.4% of the total. Other salaries and wages came to $653k. At year end it held assets of $28.1m against liabilities of $462k, net assets of $27.6m. It reported 34 employees.
Income and spending
Where the income comes from
- Contributions & grants 58%
- Program services 2.4%
- Other 40%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Grad Cincinnati Inc | Cincinnati | $1.5m |
| Summit Academy Secondary School - Akron | Akron | $1.5m |
| Mapsa Foundation | Lansing | $1.5m |
| University of Santa Monica | Santa Monica | $1.5m |