Friends of the Rogers Memorial Library

Analysis

Friends of the Rogers Memorial Library is a registered charity in United States, based in Southampton, NY. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of the Rogers Memorial Library reported income of $54k and spending of $72k, spending 132% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $60k to $54k (-9.8%), an average of -9.8% a year. Over the whole period it spent 117% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of the Rogers Memorial Library sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Severna Park Middle School PTO Inc ($54k), Key Tech Labs ($54k) and San Juan County Sheriffs Office Foundation Inc ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.