Shuter Library of Angel Fire

Analysis

Shuter Library of Angel Fire is a registered charity in United States, based in Angel Fire, NM. It received its IRS tax-exemption ruling in February 2004, 22 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, Shuter Library of Angel Fire reported income of $117k and spending of $145k, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $134k to $117k (-13%), an average of -3.3% a year. The sharpest change came in the year to June 2022, when income rose by 68%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shuter Library of Angel Fire sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 37th percentile within NM. Charities of a similar size with the same main cause include Slippery Rock Community Library ($117k), Soar Educational Enrichment Inc ($117k) and Women in Focus Incorporated ($117k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% of the total. Other salaries and wages came to $74k. At year end it held assets of $770k against liabilities of $13k, net assets of $756k. It reported 3 employees.