Brookline Library Foundation Inc

Analysis

Brookline Library Foundation Inc is a registered charity in United States, based in Brookline, MA. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Brookline Library Foundation Inc reported income of $221k and spending of $134k, leaving 39% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $195k to $221k (+13%), an average of +4.2% a year. The sharpest change came in the year to June 2022, when income rose by 102%. Over the whole period it spent 53% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brookline Library Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within MA. Charities of a similar size with the same main cause include Tour de Troit ($220k), Marysville Rotary Education Foundation ($221k) and Oregon Education Association Foundation ($220k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $1.2m against liabilities of $5,001, net assets of $1.2m.