White Plains Library Foundation Inc

Analysis

White Plains Library Foundation Inc is a registered charity in United States, based in White Plains, NY. It received its IRS tax-exemption ruling in January 1998, 28 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 June 2023, White Plains Library Foundation Inc reported income of $139k and spending of $166k, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $242k to $139k (-43%), an average of -13% a year. The sharpest change came in the year to June 2021, when income rose by 137%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, White Plains Library Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include The Library at Cedar Creek Lake ($139k), Alameda Aikikai ($139k) and Croton Harmon Booster Club ($139k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 116% of the total. Compensation of current officers, directors and key employees was $72k (43% of expenses). At year end it held assets of $944k against liabilities of $22k, net assets of $922k. It reported 1 employees.