Long Island Library Resources Council Inc

Analysis

Long Island Library Resources Council Inc is a registered charity in United States, based in Bellport, NY. It received its IRS tax-exemption ruling in March 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, Long Island Library Resources Council Inc reported income of $1.2m and spending of $1.2m, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.2m to $1.2m (-0.2%), an average of +-0.0% a year. The sharpest change came in the year to June 2022, when income rose by 51%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Long Island Library Resources Council Inc 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 She Built This City ($1.2m), Quaker Preparatory Academy ($1.2m) and Internet Keep Safe Coalition ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% and program service revenue 6.3% of the total. Compensation of current officers, directors and key employees was $156k (13% of expenses). Other salaries and wages came to $402k. At year end it held assets of $1.8m against liabilities of $2.2m, net assets of -$429k. It reported 9 employees.