Whitefield Library

Analysis

Whitefield Library is a registered charity in United States, based in Whitefield, ME. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Whitefield Library reported income of $317k and spending of $35k, leaving 89% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $35k to $317k (+796%), an average of +199% a year. The sharpest change came in the year to December 2023, when income rose by 522%. Over the whole period it spent 17% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Whitefield Library sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 57th percentile within ME. Charities of a similar size with the same main cause include California Language Teachers Association Inc ($317k), Connecticut League of Conservation Voters Education Fund Inc ($317k) and Jerusalem Lights Inc ($317k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $10k (28% of expenses). Other salaries and wages came to $6,250. At year end it held assets of $433k against liabilities of $573, net assets of $432k. It reported 4 employees.