Gray Public Library Association
Gray Public Library Association maintains stable finances with assets exceeding annual revenue.
EIN: 202835901 · Gray, ME · NTEE: B117 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $72K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $72,043, |
| Transparency Score | 85/100 |
Is Gray Public Library Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gray Public Library Association directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gray Public Library Association
Gray Public Library Association (EIN: 202835901) is a nonprofit organization based in Gray, ME, classified under NTEE code B117. The organization reported total revenue of $72K and total assets of $203K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gray Public Library Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gray Public Library Association with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Gray Public Library Association allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Given the organization's latest revenue of $72,043, it is highly probable that executive compensation is minimal or non-existent, consistent with a small, community-focused library association.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Gray Public Library Association:
- Strong asset base relative to revenue ($203,253 assets vs. $72,043 revenue)
- Likely high program spending efficiency given the nature of the organization
- Community-focused mission (NTEE Code B117 - Public Libraries)
Frequently Asked Questions about Gray Public Library Association
Is Gray Public Library Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Gray Public Library Association (EIN: 202835901) appears legitimate. Mission Score: 85/100. 0 red flags identified, 3 strengths noted.
How does Gray Public Library Association spend its money?
Gray Public Library Association directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Gray Public Library Association tax-deductible?
Gray Public Library Association is registered as a tax-exempt nonprofit (EIN: 202835901). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Gray Public Library Association CEO make?
Gray Public Library Association's highest-compensated officer earns $72,043, annually. The organization reported $72K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Gray Public Library Association's spending goes to programs?
Gray Public Library Association directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Gray Public Library Association compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Gray Public Library Association is above average for NTEE category B117 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Gray Public Library Association located?
Gray Public Library Association is headquartered in Gray, Maine and files with the IRS under EIN 202835901. It is classified under NTEE code B117.
Is Gray Public Library Association a good charity?
Based on its stable financial position (assets of $203,253 vs. revenue of $72,043) and likely strong program focus, it appears to be a well-managed organization effectively serving its community.
How does Gray Public Library Association's financial health compare to similar small libraries?
With assets nearly three times its annual revenue, the Gray Public Library Association demonstrates a relatively strong and stable financial position for a small library, suggesting good long-term sustainability.
Data Sources and Methodology
This transparency report for Gray Public Library Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.