Newbury Public Library Foundation of New Hampshire

Analysis

Newbury Public Library Foundation of New Hampshire is a registered charity in United States, based in Newbury, NH. It received its IRS tax-exemption ruling in June 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 2023, Newbury Public Library Foundation of New Hampshire reported income of $385k and spending of $307k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $385k (+681%), an average of +681% a year. The sharpest change came in the year to December 2023, when income rose by 681%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Newbury Public Library Foundation of New Hampshire sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within NH. Charities of a similar size with the same main cause include Friends of Jowonio Inc ($385k), Pacem School Inc ($385k) and Huaxia Chinese School at Great Valley ($385k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $325k against liabilities of $0, net assets of $325k.