Bacon Free Library
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The organization maintains a free and public library for the community. In accordance with the benefactor's will and trust, the library provides popular materials, learning resources, and programming for the enjoyment and use of the public, with a particular emphasis on supporting the educational needs of children.
- Income
- $93,889
- Spending
- $86,631
- Spent on programs
- 14%
- Reserves
- Over 10 years of spending
- Largest source of income
- donations and private grants, 44%
- Employees
- 0
- Volunteers
- 10
Source: Form 990 for the year ending June 30, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 75 out of 100. Higher than 44% of charities in its peer group (education, under $250k).
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 8% of income.
Income trend
5 of 15Income fell 12% on the year before.
Spending floor
0 of 1514% of spending went to programs and raising each dollar of donations cost 12 cents.
Source: Form 990 for the year ending June 30, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 62 out of 100. Higher than 47% of charities in its peer group (education, under $250k).
Independent board
25 of 256 of 6 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $11,930 spent. The organization maintains a free and public library for the community. The organization and its predecessor trust have maintained a public and free library at the same location since 1880. The organization is responsible for the building (including furniture and fixtures and the collection) and the grounds, and some operations and programming expenses. The Town of Natick has supported some library operations since 1951. Currently, the Town employs the library director and staff, and these Town employees are responsible for library operations. The organization does not have any employees. When the Town pays wages and other expenses, such as utility bills and some of the materials and programming expenses, the Town pays those expenses directly, and does not pay them through the organization, or pay anything to the organization. Those expenses are the Town's, approved by Town meeting and processed through the Town finance function. As a result of the Town's direct payment of salaries and some expenses, the organization's program expenses shown on Form 990 are only a small fraction of total spending to operate the library. Further, the Occupancy costs shown on Form 990 appear artificially high compared with Program costs due to the Town's payment of certain program expenses.
Source: Form 990 for the year ending June 30, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on November 15, 2014 for not filing returns for three years, and reinstated on November 15, 2014.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2026.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 2017.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.