Eastern Shore Regional Library Inc

Analysis

Eastern Shore Regional Library Inc is a registered charity in United States, based in Salisbury, MD. It received its IRS tax-exemption ruling in July 1993, 33 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 June 2023, Eastern Shore Regional Library Inc reported income of $3.4m and spending of $3.2m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $3.4m (+19%), an average of +4.4% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Eastern Shore Regional Library Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MD. Charities of a similar size with the same main cause include Riverside Science Inc ($3.4m), Youth Leadership Academy ($3.4m) and Bnos Orchos Chaim Inc ($3.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $111k (3.5% of expenses). Other salaries and wages came to $891k. At year end it held assets of $2.3m against liabilities of $390k, net assets of $2.0m. It reported 24 employees.