Roswell P Flower Memorial Library

Analysis

Roswell P Flower Memorial Library is a registered charity in United States, based in Watertown, NY. It received its IRS tax-exemption ruling in July 2002, 24 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 June 2023, Roswell P Flower Memorial Library reported income of $166k and spending of $161k, spending 97% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $213k to $166k (-22%), an average of -22% a year. The sharpest change came in the year to June 2023, when income dropped by 22%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Roswell P Flower Memorial 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 Naturopathic Medical Studentassociation ($166k), Morrisville Public Library ($166k) and National Society of High School Scholars Foundation Inc ($166k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. At year end it held assets of $414k against liabilities of $17k, net assets of $396k.