Embudo Valley Library and Community Center

Analysis

Embudo Valley Library and Community Center is a registered charity in United States, based in Dixon, NM. It received its IRS tax-exemption ruling in December 1983, 43 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Embudo Valley Library and Community Center reported income of $426k and spending of $251k, leaving 41% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $195k to $426k (+118%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 92%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Embudo Valley Library and Community Center sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 65th percentile within NM. Charities of a similar size with the same main cause include School Sisters of Notre Dame Educational Center Inc ($426k), Association of Former Intelligence Officers Inc ($426k) and Northland Assistance Center ($426k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 7.0% of the total. Other salaries and wages came to $122k. At year end it held assets of $1.2m against liabilities of $11k, net assets of $1.2m. It reported 9 employees.