Port Jefferson Free Library

Analysis

Port Jefferson Free Library is a registered charity in United States, based in PRT Jefferson, NY. It received its IRS tax-exemption ruling in December 1972, 54 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 2024, Port Jefferson Free Library reported income of $5.1m and spending of $4.7m, spending 92% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $4.7m to $5.1m (+8.7%), an average of +1.7% a year. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Port Jefferson Free Library sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Colorado Military Academy ($5.1m), Michigan Association of School Administrators ($5.1m) and Techbridge Girls ($5.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $127k (2.7% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $14.8m against liabilities of $9.1m, net assets of $5.7m. It reported 59 employees.