West Rutland Free Library Corp
EIN: 30193086 · West Rutland, VT
| Metric | Value |
|---|---|
| Total Revenue | $159K |
| Total Expenses | $96K |
| Net Assets | $952K |
Is West Rutland Free Library Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About West Rutland Free Library Corp
West Rutland Free Library Corp (EIN: 30193086) is a nonprofit organization based in West Rutland, VT. The organization reported total revenue of $159K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of West Rutland Free Library Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
West Rutland Free Library Corp is a small nonprofit that has been operating for 71 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $89K |
| Total Expenses | $96K |
| Surplus / Deficit | $-7,688 |
| Total Assets | $952K |
| Net Assets | $952K |
| Operating Margin | -8.7% |
| Months of Reserves | 118.6 months |
Financial Health Grade: B
In 2023, West Rutland Free Library Corp reported a deficit of $8K with expenses exceeding revenue, holds 118.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), West Rutland Free Library Corp's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.1% | +7.9% | +2.4% |
| 2022 | -6.4% | +1.8% | -4.0% |
| 2021 | +1.2% | +24.5% | +7.2% |
| 2020 | +5.7% | +5.7% | +3.1% |
| 2019 | +4.9% | +22.7% | +8.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1955 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for West Rutland Free Library Corp has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates West Rutland Free Library Corp with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
Frequently Asked Questions about West Rutland Free Library Corp
Is West Rutland Free Library Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, West Rutland Free Library Corp (EIN: 30193086) insufficient data. 0 red flags identified, 0 strengths noted.
How does West Rutland Free Library Corp spend its money?
Detailed spending breakdown data is not yet available for West Rutland Free Library Corp. Check back for updated IRS 990 analysis.
Are donations to West Rutland Free Library Corp tax-deductible?
West Rutland Free Library Corp is registered as a tax-exempt nonprofit (EIN: 30193086). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is West Rutland Free Library Corp located?
West Rutland Free Library Corp is headquartered in West Rutland, Vermont and files with the IRS under EIN 30193086.
How many years of IRS 990 filings does West Rutland Free Library Corp have?
West Rutland Free Library Corp has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $159K in total revenue.
Filing History
IRS 990 filing history for West Rutland Free Library Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), West Rutland Free Library Corp's revenue has grown by 10.5%, moving from $80K to $89K. Total assets increased by 91.1% over the same period, from $498K to $952K. Total functional expenses rose by 112.4%, from $45K to $96K. In its most recent filing year (2023), West Rutland Free Library Corp reported a deficit of $8K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $89K | $96K | $952K | $0 | — | — |
| 2022 | $79K | $89K | $929K | $0 | — | — |
| 2021 | $84K | $88K | $968K | $0 | — | View 990 |
| 2020 | $84K | $70K | $903K | $0 | — | — |
| 2019 | $79K | $67K | $876K | $0 | — | View 990 |
| 2018 | $75K | $54K | $811K | $0 | — | View 990 |
| 2017 | $79K | $66K | $822K | $0 | — | View 990 |
| 2016 | $70K | $73K | $779K | $0 | — | View 990 |
| 2015 | $70K | $74K | $759K | $0 | — | View 990 |
| 2014 | $74K | $59K | $771K | $0 | — | View 990 |
| 2013 | $79K | $58K | $756K | $0 | — | View 990 |
| 2012 | $290K | $54K | $734K | $0 | — | View 990 |
| 2011 | $80K | $45K | $498K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $89K, expenses of $96K, and assets of $952K (revenue +12.1% year-over-year).
- 2022: Revenue of $79K, expenses of $89K, and assets of $929K (revenue -6.4% year-over-year).
- 2021: Revenue of $84K, expenses of $88K, and assets of $968K (revenue +1.2% year-over-year).
- 2020: Revenue of $84K, expenses of $70K, and assets of $903K (revenue +5.7% year-over-year).
- 2019: Revenue of $79K, expenses of $67K, and assets of $876K (revenue +4.9% year-over-year).
- 2018: Revenue of $75K, expenses of $54K, and assets of $811K (revenue -4.6% year-over-year).
- 2017: Revenue of $79K, expenses of $66K, and assets of $822K (revenue +12.2% year-over-year).
- 2016: Revenue of $70K, expenses of $73K, and assets of $779K (revenue +0.1% year-over-year).
- 2015: Revenue of $70K, expenses of $74K, and assets of $759K (revenue -4.9% year-over-year).
- 2014: Revenue of $74K, expenses of $59K, and assets of $771K (revenue -6.8% year-over-year).
- 2013: Revenue of $79K, expenses of $58K, and assets of $756K (revenue -72.6% year-over-year).
- 2012: Revenue of $290K, expenses of $54K, and assets of $734K (revenue +261.2% year-over-year).
- 2011: Revenue of $80K, expenses of $45K, and assets of $498K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for West Rutland Free Library Corp:
Data Sources and Methodology
This transparency report for West Rutland Free Library Corp 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.