Port Chester - Rye Brook Public Library

Analysis

Port Chester - Rye Brook Public Library is a registered charity in United States, based in Port Chester, NY. It received its IRS tax-exemption ruling in November 1944, 82 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 May 2024, Port Chester - Rye Brook Public Library reported income of $2.0m and spending of $2.0m, spending 100% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $1.7m to $2.0m (+16%), an average of +3.8% a year. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Port Chester - Rye Brook Public Library sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Oakland Community College Foundation ($2.0m), Citizen Film Inc ($2.0m) and Parkside Community Montessori School ($2.0m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $327k (17% of expenses). Other salaries and wages came to $653k. At year end it held assets of $4.6m against liabilities of $93k, net assets of $4.5m. It reported 26 employees.