Emma S Clark Memorial Library Association

Analysis

Emma S Clark Memorial Library Association is a registered charity in United States, based in Setauket, NY. It received its IRS tax-exemption ruling in July 1949, 77 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, Emma S Clark Memorial Library Association reported income of $6.0m and spending of $6.4m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.6m to $6.0m (+8.1%), an average of +2.0% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Emma S Clark Memorial Library Association sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include 826 Valencia ($6.0m), Lafayette Preparatory Academy Inc ($6.0m) and News Literacy Project Inc ($6.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $186k (2.9% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $11.5m against liabilities of $9.6m, net assets of $1.9m. It reported 103 employees.