Everylibrary Institute NFP

Analysis

Everylibrary Institute NFP is a registered charity in United States, based in Berwyn, IL. It received its IRS tax-exemption ruling in April 2018, 8 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 2022, Everylibrary Institute NFP reported income of $1.2m and spending of $661k, leaving 47% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $236k to $1.2m (+425%), an average of +74% a year. The sharpest change came in the year to December 2022, when income rose by 260%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Everylibrary Institute NFP sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include Billion Dollar Roundtable Inc ($1.2m), Food for Thought Outreach Inc ($1.2m) and Coalition of African American Nurses ($1.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 78% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $50k (7.6% of expenses). At year end it held assets of $629k against liabilities of $0, net assets of $629k.