Friends of the Ellsworth Public Library

Analysis

Friends of the Ellsworth Public Library is a registered charity in United States, based in Ellsworth, WI. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Friends of the Ellsworth Public Library reported income of $67k and spending of $72k, spending 108% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $332k to $67k (-80%), an average of -55% a year. The sharpest change came in the year to December 2023, when income dropped by 62%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of the Ellsworth Public Library sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within WI. Charities of a similar size with the same main cause include Association of Colleges of Sisters of St Joseph ($67k), Oregon Rotary Club Foundation Inc C/O David a Smith ($67k) and Clarity Organization Inc ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $2,188 against liabilities of $0, net assets of $2,188.