Paris Hill Library Association

Analysis

Paris Hill Library Association is a registered charity in United States, based in South Paris, ME. It received its IRS tax-exemption ruling in June 1975, 51 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, Paris Hill Library Association reported income of $67k and spending of $62k, spending 92% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $58k to $67k (+15%), an average of +15% a year. The sharpest change came in the year to June 2024, when income rose by 15%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Paris Hill Library Association sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 19th percentile within ME. Charities of a similar size with the same main cause include Alternative Living for Later Years Inc ($67k), PTA California Congress of Parents Teachers and Students Inc ($67k) and Laboratory Institute of Merchandising Fashion Education Fo ($67k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $31k (51% of expenses). At year end it held assets of $563k against liabilities of $0, net assets of $563k. It reported 2 employees.