Association of Research Libraries

Analysis

Association of Research Libraries is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1963, 63 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 Research Libraries reported income of $7.6m and spending of $7.6m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.3m to $7.6m (-8.3%), an average of -2.1% a year. The sharpest change came in the year to December 2020, when income dropped by 20%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Association of Research Libraries sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 84th percentile within DC. Charities of a similar size with the same main cause include Capitol Encore Academy ($7.6m), Ivy Preparatory Academy Incorporated ($7.6m) and Foundation for Educational Funding ($7.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.4% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $824k (11% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $12.1m against liabilities of $2.7m, net assets of $9.4m. It reported 37 employees.