Free Public Library of Stratford
Analysis
Free Public Library of Stratford is a registered charity in United States, based in Stratford, NJ. It received its IRS tax-exemption ruling in December 2000, 26 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, Free Public Library of Stratford reported income of $183k and spending of $152k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $168k to $183k (+9.0%), an average of +9.0% a year. Over the whole period it spent 82% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Free Public Library of Stratford sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 59th percentile within NJ. Charities of a similar size with the same main cause include Avon Free Public Library Inc ($183k), Culinary Endowment and Scholarship Inc ($183k) and Livingston Arts Council ($183k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.0% of the total. At year end it held assets of $413k against liabilities of $11k, net assets of $401k.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Program services 3.0%
- Other 2.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Avon Free Public Library Inc | Avon | $183k |
| Culinary Endowment and Scholarship Inc | Houston | $183k |
| Livingston Arts Council | Howell | $183k |
| Penn Before and After School Program | North Liberty | $183k |