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Rhode Island · Nonprofit

Ashaway Free Library

Ashaway Free Library (Rhode Island) receives grants from 8 organizations whose IRS filings report $87,688 to it, the largest being ASHAWAY CHARITABLE TRUST 1045100263 ($36,000). 5 of them have funded it in more than one year.

$139k
Revenue FY2025
8
Funders on record
$88k
Grants received
$814k
Net assets
5/8 repeat funderspeak grant-dependency 28%

Against its field

Ashaway Free Library receives grants from 8 organizations whose IRS filings report $88k to it.

Operating margin−5% · below the median
Months of reserve6.3mo · below the median
Revenue growth (annualized)1% · below the median

this organization peer median middle 50% of peers· 15,926 education nonprofits $100k–$1M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($126k) Expenses 100 ($122k) Net assets 100 ($527k)2018 Revenue 321 ($404k) Expenses 106 ($130k) Net assets 152 ($799k)2019 Revenue 121 ($153k) Expenses 104 ($128k) Net assets 156 ($822k)2020 Revenue 119 ($149k) Expenses 113 ($138k) Net assets 156 ($824k)2021 Revenue 111 ($140k) Expenses 121 ($148k) Net assets 166 ($875k)2022 Revenue 120 ($151k) Expenses 135 ($165k) Net assets 147 ($773k)2023 Revenue 113 ($142k) Expenses 122 ($150k) Net assets 148 ($782k)2024 Revenue 102 ($128k) Expenses 119 ($145k) Net assets 151 ($796k)2025 Revenue 111 ($139k) Expenses 120 ($146k) Net assets 154 ($814k)
'17'18'19'20'21'22'23'24'25
Revenue (111)Expenses (120)Net assets (154)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 65% · 2018 20% · 2019 53% · 2020 58% · 2021 62% · 2022 60% · 2023 62% · 2024 77% · 2025 67%. Grants only. Government contracts and fees sit inside program revenue.

86% of Ashaway Free Library’s revenue is contributions — more donation-reliant than the typical peer (58% for the typical peer).

This organization
Typical peer · 24,851 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

$4k
17
$274k
18
$25k
19
$11k
20
$9k
21
$14k
22
$8k
23
$18k
24
$7k
25
6.3
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base held at 3 funders, grant income fell $36k → $2k.

2 of 8 of your funders are donor-advised or pass-through sponsors (tagged DAF)10% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Ashaway Free Library’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Ashaway Free Library leans on a few funders — its largest provides 41% of grant income and the top three 83%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

41%
largest funder
83%
top three
~3
effective funders

Largest funder’s share by year: 2017 70% · 2018 50% · 2019 100% · 2020 87% · 2021 48% · 2022 84% · 2023 49%diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

50% of Ashaway Free Library's funders are still giving 3 years after their first grant; 63% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

64% of Ashaway Free Library's grant income comes from Rhode Island funders.

NY
PA
RI

In-state vs out-of-state, by year

17
18
19
20
21
22
23
Rhode Island out of state home

Funder states come from each funder’s own filing. $9k arriving through sponsors registered in 2 statesis excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 8 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like Ashaway Free Library

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Rhode Island

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

64% of spending goes to programs.

Program 64%Management 28%Fundraising 7%

Governance

8
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

84%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for Ashaway Free Library: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Ashaway Free Library?
Ashaway Free Library (Rhode Island) receives grants from 8 organizations whose IRS filings report $87,688 to it, the largest being ASHAWAY CHARITABLE TRUST 1045100263 ($36,000). 5 of them have funded it in more than one year.
How many funders does Ashaway Free Library have?
IRS filings report 8 organizations giving $87,688 in grants to Ashaway Free Library, 5 of which have funded it in more than one year.
Who is the largest funder of Ashaway Free Library?
ASHAWAY CHARITABLE TRUST 1045100263 is the largest funder on record, with $36,000 in grants. The full list of funders is on this page.
How can an organization like Ashaway Free Library find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Rhode Island. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 8funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing