Link to Libraries Inc

Analysis

Link to Libraries Inc is a registered charity in United States, based in Hampden, MA. It received its IRS tax-exemption ruling in December 2008, 18 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, Link to Libraries Inc reported income of $259k and spending of $199k, leaving 23% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $195k to $259k (+33%), an average of +9.9% a year. The sharpest change came in the year to June 2023, when income rose by 45%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Link to Libraries Inc sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within MA. Charities of a similar size with the same main cause include Auburn Education Foundation ($259k), Bastrop Education Foundation ($259k) and Clarke County Education Foundation Inc ($259k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% of the total. Compensation of current officers, directors and key employees was $83k (42% of expenses). At year end it held assets of $580k against liabilities of $6,995, net assets of $573k. It reported 1 employees.