Pembroke Public Library Foundation Inc

Analysis

Pembroke Public Library Foundation Inc is a registered charity in United States, based in Pembroke, MA. It received its IRS tax-exemption ruling in November 2021, 5 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 December 2023, Pembroke Public Library Foundation Inc reported income of $124k and spending of $6,720, leaving 95% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $217k to $124k (-43%), an average of -43% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 8.6% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pembroke Public Library Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 48th percentile within MA. Charities of a similar size with the same main cause include Hagerty High School Theatre Booster Club Inc ($124k), El Portal School Parent Teacher Group ($124k) and Margaret Byrd Rawson Institute Inc ($124k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $661k against liabilities of $0, net assets of $661k.