Bedford Hills Free Library

Analysis

Bedford Hills Free Library is a registered charity in United States, based in Bedford Hills, NY. It received its IRS tax-exemption ruling in September 1959, 67 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 December 2023, Bedford Hills Free Library reported income of $604k and spending of $639k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $520k to $604k (+16%), an average of +3.8% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bedford Hills Free Library sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Wesley Child Care Center ($604k), Asase Yaa Cultural Arts Foundation Inc ($604k) and Clu Transitions Incorporated ($604k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $94k (15% of expenses). Other salaries and wages came to $234k. At year end it held assets of $743k against liabilities of $36k, net assets of $707k. It reported 13 employees.