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The Bill Library Association Inc

Ledyard, Connecticut · EIN 06-6041059 · tax-exempt since 2000

D

Charity Clarity grade D (score 49.6 of 100), based on the Form 990 for the year ended September 2025.

Graded against 117,084 unclassified nonprofits with revenue $100K–$500K filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.795.9 months0
GovernanceBoard independence, key policies and audit, per the 990.56% of practices56
Margin stabilityHow steady the surplus or deficit is year to year.58
Revenue spreadHow much revenue rests on one type of income.4% from one source81
Filing recordOn-time, complete filings, year after year.100%100

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

20182019202020212022202320242025grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
Sep 2025Form 990$117K$28K$89K$1.85M795.90D
Sep 2024Form 990$77K$27K$50K$1.72M763.60D
Sep 2023Form 990$40K$23K$16K$1.48M768.80C
Sep 2022Form 990−$126K$24K−$149K$1.39M706.10F
Sep 2021Form 990$119K$23K$96K$1.52M806.60D
Sep 2020Form 990$61K$21K$39K$1.29M725.30C
Sep 2019Form 990$55K$23K$32K$1.31M695.50F
Sep 2018Form 990$50K$45K$4,482$1.26M333.90D

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation: