New York Metropolitan Reference & Research Library Agency

Analysis

New York Metropolitan Reference & Research Library Agency is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1966, 60 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, New York Metropolitan Reference & Research Library Agency reported income of $2.7m and spending of $2.9m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.8m to $2.7m (-4.6%), an average of -1.2% a year. The sharpest change came in the year to June 2023, when income dropped by 37%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New York Metropolitan Reference & Research Library Agency sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Business History Conference ($2.7m), Dickens Sanomi Corp ($2.7m) and Bishop Carroll Catholic High School Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $245k (8.4% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $5.2m against liabilities of $213k, net assets of $5.0m. It reported 16 employees.