The Association for Rural & Small Libraries Inc

Analysis

The Association for Rural & Small Libraries Inc is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, The Association for Rural & Small Libraries Inc reported income of $529k and spending of $610k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $325k to $529k (+63%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 284%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Association for Rural & Small Libraries Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within WA. Charities of a similar size with the same main cause include Peninsula Choral Association Dba Peninsula Girls Chorus ($529k), Delaware Dance Cmpany ($529k) and Texas and Southwestern Cattle Raisers Foundation ($529k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. At year end it held assets of $1.2m against liabilities of $769k, net assets of $442k.