Friends of the Town of Pelham Public Library Inc

Analysis

Friends of the Town of Pelham Public Library Inc is a registered charity in United States, based in Pelham, NY. It received its IRS tax-exemption ruling in July 1991, 35 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, Friends of the Town of Pelham Public Library Inc reported income of $209k and spending of $82k, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $27k to $209k (+665%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 766%. Over the whole period it spent 80% 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 Town of Pelham Public Library Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Southern Early Childhood Assoc ($209k), Dublin Music Boosters ($209k) and Boulder High School Panther Club ($209k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% of the total. At year end it held assets of $398k against liabilities of $0, net assets of $398k.