Brookhaven Free Library

Analysis

Brookhaven Free Library is a registered charity in United States, based in Brookhaven, NY. It received its IRS tax-exemption ruling in June 1980, 46 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, Brookhaven Free Library reported income of $1.3m and spending of $935k, leaving 28% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.0m to $1.3m (+29%), an average of +8.8% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brookhaven Free Library sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include North Columbus Drop Back in ($1.3m), E D P School of Computer Programing ($1.3m) and Valley School of Southern Oregon ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $110k (12% of expenses). Other salaries and wages came to $371k. At year end it held assets of $2.2m against liabilities of $116k, net assets of $2.1m. It reported 16 employees.