Association of Library and Information Science Education Inc

Analysis

Association of Library and Information Science Education Inc is a registered charity in United States, based in Boxborough, MA. It received its IRS tax-exemption ruling in October 1976, 50 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, Association of Library and Information Science Education Inc reported income of $275k and spending of $273k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $299k to $275k (-8.0%), an average of -2.1% a year. The sharpest change came in the year to December 2020, when income dropped by 23%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Association of Library and Information Science Education Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include Prescott Sunrise Lions Foundation ($275k), North Dakota Delta Upsilon Education Foundation Inc ($275k) and Mothers Morning Out NFP ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 57% of the total. At year end it held assets of $324k against liabilities of $0, net assets of $324k.