E C Scranton Memorial Library
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
E C Scranton Memorial Library is a 501(c)(3) organization based in Madison, Connecticut, registered in 1964, with $2,577,331 in FY2024 revenue. CharityIndex grades it B.
801 Boston Post Rd, Madison, CT, 06443 EIN 06-0726490 Since 1964
Revenue (FY2024)
$2.6M
▲ 5.1% vs prior year
Expenses (FY2024)
$2.2M
Net assets
$19.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for E C Scranton Memorial Library— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating103 mo reserves · +13% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For E C Scranton Memorial Library: 103 mo reserves · +13% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for E C Scranton Memorial Library— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For E C Scranton Memorial Library: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 801 Boston Post Rd, Madison, CT, 06443
- City
- Madison
- State
- Connecticut
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $1.6M (FY2013) to $2.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $38KNet assets $19.2M
Operating margin
13.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$19.3M
Total liabilities
$38K
Net assets
$19.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,577,331▲5.1% | $2,234,219▲3.8% | $19,216,167▼1.0% | $19,254,493▼1.3% | 990 |
| 2023 | $2,451,595▲6.5% | $2,152,184▲10.2% | $19,412,754▲5.8% | $19,506,798▲5.4% | 990 |
| 2022 | $2,301,772▲7.1% | $1,953,538▼8.0% | $18,356,214▲3.0% | $18,505,488▲1.3% | 990 |
| 2021 | $2,149,109▲1.8% | $2,123,708▲48.3% | $17,823,652▼3.1% | $18,260,943▼4.6% | 990 |
| 2020 | $2,112,089▼79.3% | $1,431,720▼10.3% | $18,400,079▲7.2% | $19,142,858▼5.9% | 990 |
| 2019 | $10,227,298▲150% | $1,596,290▼5.6% | $17,172,048▲103% | $20,344,710▲15.2% | 990 |
| 2018 | $4,092,140▲131% | $1,690,515▲18.2% | $8,476,930▲35.5% | $17,662,251▲134% | 990 |
| 2017 | $1,769,073▼47.5% | $1,429,993▼13.1% | $6,257,730▼6.5% | $7,559,872▲5.3% | 990 |
| 2016 | $3,368,034▲121% | $1,646,159▲21.1% | $6,695,155▲39.0% | $7,182,718▲35.6% | 990 |
| 2015 | $1,526,587▼2.0% | $1,359,310▼16.8% | $4,816,775▲3.2% | $5,296,165▼1.5% | 990 |
| 2014 | $1,557,216▲0.2% | $1,634,384▲1.9% | $4,668,241▼1.7% | $5,378,247▼1.3% | 990 |
| 2013 | $1,553,640 | $1,603,297 | $4,750,067 | $5,447,028 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $236K total
15 grants to E C Scranton Memorial Library totaling $236K, reported by foundations on their Schedule I filings.
Frequently asked questions
- Is E C Scranton Memorial Library a legitimate nonprofit?
- Yes. E C Scranton Memorial Library is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 06-0726490, based in Madison, Connecticut. Donations are tax-deductible.
- What is E C Scranton Memorial Library's EIN?
- E C Scranton Memorial Library's Employer Identification Number (EIN) is 06-0726490.
- How much revenue does E C Scranton Memorial Library report?
- E C Scranton Memorial Library reported $2,577,331 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does E C Scranton Memorial Library have?
- CharityIndex grades E C Scranton Memorial Library B, based on financial health (reserves and operating margin).
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Data for E C Scranton Memorial Library (EIN 06-0726490) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.