Cold Spring Harbor Library

Analysis

Cold Spring Harbor Library is a registered charity in United States, based in Cold SPG HBR, NY. It received its IRS tax-exemption ruling in February 1988, 38 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, Cold Spring Harbor Library reported income of $3.3m and spending of $2.9m, spending 88% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.0m to $3.3m (+9.8%), an average of +1.9% 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, Cold Spring Harbor Library sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Communities in Schools of Benton-Franklin ($3.3m), Usbc Community Economic Development Corporation ($3.3m) and Onefuture Coachella Valley ($3.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $155k (5.4% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $9.8m against liabilities of $1.0m, net assets of $8.8m. It reported 47 employees.