Ella Library

Analysis

Ella Library is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in September 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 June 2023, Ella Library reported income of $203k and spending of $185k, spending 91% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $229k to $203k (-11%), an average of -12% a year. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ella Library sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within TN. Charities of a similar size with the same main cause include Avvai Tamil Center ($203k), Cotillion Club of Sarasota Inc ($203k) and Acorn Scholarship Fund Inc ($203k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $24k (13% of expenses). Other salaries and wages came to $31k. At year end it held assets of $120k against liabilities of $0, net assets of $120k. It reported 3 employees.