Westhampton Free Library

Analysis

Westhampton Free Library is a registered charity in United States, based in W Hampton BCH, NY. It received its IRS tax-exemption ruling in March 1975, 51 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, Westhampton Free Library reported income of $3.7m and spending of $3.7m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.6m to $3.7m (+2.7%), an average of +0.7% a year. 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, Westhampton Free Library sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Palmetto Academy of Learning and Success Inc ($3.7m), International Technological University Foundation ($3.7m) and Rivendell School ($3.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $152k (4.1% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $9.4m against liabilities of $1.5m, net assets of $7.9m. It reported 66 employees.