East Side Freedom Library

Analysis

East Side Freedom Library is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in November 2013, 13 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 (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 2024, East Side Freedom Library reported income of $578k and spending of $792k, spending 137% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $406k to $578k (+43%), an average of +9.3% a year. The sharpest change came in the year to June 2021, when income rose by 37%. 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, East Side Freedom Library sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within MN. Charities of a similar size with the same main cause include Language Tree Inc ($578k), America Abroad Media ($578k) and North Star Dance Foundation ($578k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% and program service revenue 7.0% of the total. Compensation of current officers, directors and key employees was $124k (16% of expenses). Other salaries and wages came to $199k. It paid $36k in professional fundraising fees. At year end it held assets of $606k against liabilities of $280k, net assets of $326k. It reported 6 employees.