Middle Country Library Foundation Inc

Analysis

Middle Country Library Foundation Inc is a registered charity in United States, based in Centereach, NY. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Middle Country Library Foundation Inc reported income of $290k and spending of $270k, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $131k to $290k (+121%), an average of +30% a year. The sharpest change came in the year to June 2021, when income rose by 88%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Middle Country Library Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include W House Inc ($290k), Overseas China Education Foundation ($290k) and Parent Booster USA Inc ($290k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 13% of the total. At year end it held assets of $2.7m against liabilities of $34k, net assets of $2.7m.