South Country Library

Analysis

South Country Library is a registered charity in United States, based in Bellport, NY. It received its IRS tax-exemption ruling in August 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 2024, South Country Library reported income of $3.3m and spending of $3.2m, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.3m to $3.3m (+1.3%), an average of +0.3% a year. The sharpest change came in the year to June 2022, when income rose by 54%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, South Country 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 Auxiliary Services Association of Nassau Community College Inc ($3.3m), 9 Dots Community Learning Center ($3.3m) and Crossroads Academy ($3.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $144k (4.5% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $8.7m against liabilities of $2.9m, net assets of $5.8m. It reported 45 employees.