Friends of the Snow Library Inc

Analysis

Friends of the Snow Library Inc is a registered charity in United States, based in Orleans, MA. It received its IRS tax-exemption ruling in November 1973, 53 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Friends of the Snow Library Inc reported income of $229k and spending of $120k, leaving 48% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $142k to $229k (+61%), an average of +13% a year. The sharpest change came in the year to June 2024, when income rose by 107%. Over the whole period it spent 51% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of the Snow Library Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Weddington Athletic Booster Club ($229k), Florida Supportive Housing Coalition Inc ($229k) and Jackson Elementary School Parent Teacher Organization ($229k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 27% and program service revenue 13% of the total. At year end it held assets of $2.1m against liabilities of $12k, net assets of $2.1m.