Torrington Library
Public records show a registered, tax-exempt organization in good standing.
What it says it does
ENGAGING ALL MEMBERS OF OUR COMMUNITY BY PROVIDING EQUAL ACCESS TO BOOKS, ELECTRONIC RESOURCES, PROGRAMS, AND PARTNERSHIPS TO ENRICH AND EMPOWER LIVES.
- Income
- $2.3 million
- Spending
- $1.6 million
- Spent on programs
- 80%
- Reserves
- Over 10 years of spending
- Largest source of income
- investment income, 53%
- Employees
- 20
- Volunteers
- 50
- Highest pay
- $80,827, executive di
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 90 out of 100. Higher than 81% of charities in its peer group (education, $1m to $10m).
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 30% of income.
Income trend
5 of 15Income fell 19% on the year before.
Spending floor
15 of 1580% of spending went to programs and raising each dollar of donations cost 5 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 74% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 259 of 9 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a 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.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, 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 (3)
- $768,041 spent. CIRCULATING LIBRARY THE TORRINGTON LIBRARY OPERATES AS A PUBLIC LIBRARY, PROVIDING PRINT BOOKS, PERIODICALS, DVDS, CDS, AUDIOBOOKS, MUSEUM PASSES, VIDEO GAMES, MOBILE HOT SPOTS, ELECTRONIC RESOURCES/DATABASES, EMATERIALS, AND PUBLIC ACCESS COMPUTERS FOR PUBLIC USE. THE LIBRARY PHYSICALLY HOUSES OVER 62,000 PRINT BOOKS, 1,000 AUDIOBOOKS, 2,500 DVDS, 200 CDS, 50 MUSEUM PASSES, AND 2 MOBILE HOTSPOTS. ELECTRONICALLY, THE LIBRARY OFFERS ACCESS TO OVER 100,000 MATERIALS RANGING FROM EBOOKS TO EAUDIOBOOKS, LIVE STREAMING, CDS, AND MAGAZINES, ALL AVAILABLE FROM OUR WEBSITE. ALL SERVICES ARE FREE OF CHARGE AND AVAILABLE TO ANY TORRINGTON RESIDENTS. MOST SERVICES ARE ALSO AVAILABLE TO NON-RESIDENTS WITHIN CONNECTICUT.
- $384,020 spent. PROGRAMMING AND COMMUNITY OUTREACH THE TORRINGTON LIBRARY HOSTED PUBLIC EVENTS FOR ALL DEMOGRAPHICS. SAMPLE PROGRAMS FOR ADULTS INCLUDE MUSICAL PRESENTERS, LECTURERS, AUTHORS TALKS, HISTORICAL CHARACTER POTRAYALS, FILM SHOWINGS, AND CRAFT NIGHTS. PROGRAMS FOR CHILDREN AND TEENS INCLUDED STORY TIMES, CRAFT NIGHTS, BOOK CLUBS, INFORMATIONAL LECTURES, FILM SHOWINGS, HOMESCHOOLING CLUBS, ART PROGRAMS, AND MORE. THE LIBRARY ALSO CONDUCTS OFF-SITE OUTREACH.
- $128,007 spent. COMMUNITY MEETING SPACE THE TORRINGTON LIBRARY HAS TWO MEETING ROOMS AVAILABLE FOR RENT TO PUBLIC. THE TORRINGTON SAVINGS BANK COMMUNITY ROOM SEATS 110 AND THE MEETING ROOM SEATS 14. NOT-FOR-PROFIT AND FOR-PROFIT ORGANIZATIONS CAN RENT THE SPACES TO HOLD EVENTS AND MEETINGS. THE LIBRARY ALSO FEATURES TWO QUIET STUDY ROOMS, A READING ROOM, A ROTUNDA, AND A PROGRAM ROOM WHERE THE PUBLIC CAN GATHER AND MEET ON A DAILY BASIS, FREE OF CHARGE. ORGANIZATIONS THAT HAVE USED THE LIBRARY FOR MEETING AND/OR PARTY SPACE INCLUDE TORRINGTON/WINSTED ROTARY, THE TORRINGTON CLUB, UNITED WAY, THE TORRINGTON HISTORICAL SOCIETY, PRIME TIME HOUSE, MADD, AND MORE.
Source: Form 990 for the year ending December 31, 2024, 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? Passed.
Not on the IRS automatic revocation list.
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 December 2024.
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 December 1942.
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.