Morrisville Public Library

Analysis

Morrisville Public Library is a registered charity in United States, based in Morrisville, NY. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Morrisville Public Library reported income of $166k and spending of $160k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $145k to $166k (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Morrisville Public Library sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Roswell P Flower Memorial Library ($166k), Guthrie Scottish Rite Charitable and Educational Foundation ($166k) and Naturopathic Medical Studentassociation ($166k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $81k. At year end it held assets of $773k against liabilities of $458k, net assets of $315k. It reported 6 employees.