Samuels Library Inc

Analysis

Samuels Library Inc is a registered charity in United States, based in Front Royal, VA. It received its IRS tax-exemption ruling in July 1977, 49 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 2024, Samuels Library Inc reported income of $2.1m and spending of $1.5m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.3m to $2.1m (+60%), an average of +12% a year. The sharpest change came in the year to June 2024, when income rose by 46%. 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, Samuels Library Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within VA. Charities of a similar size with the same main cause include Wild Lilac Child Development Community ($2.1m), Good Shepherd Montessori School Inc ($2.1m) and Reality Changers ($2.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $112k (7.2% of expenses). Other salaries and wages came to $628k. At year end it held assets of $2.0m against liabilities of $64k, net assets of $1.9m. It reported 25 employees.