Noyes Childrens Library Foundation Inc

Analysis

Noyes Childrens Library Foundation Inc is a registered charity in United States, based in Kensington, MD. It received its IRS tax-exemption ruling in March 1992, 34 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 December 2023, Noyes Childrens Library Foundation Inc reported income of $57k and spending of $7,743, leaving 86% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $102k to $57k (-45%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 59%. Over the whole period it spent 5.3% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Noyes Childrens Library Foundation Inc sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within MD. Charities of a similar size with the same main cause include Alloway Creek Elementary School PTO Inc ($57k), Chico High Sober Grad Night ($57k) and Allegheny Hyde Park PTO ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 15% of the total. At year end it held assets of $804k against liabilities of $0, net assets of $804k.