Hudson Falls Library

Analysis

Hudson Falls Library is a registered charity in United States, based in Hudson Falls, NY. It received its IRS tax-exemption ruling in June 2020, 6 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, Hudson Falls Library reported income of $133k and spending of $135k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $140k to $133k (-5.1%), an average of -5.1% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hudson Falls Library sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Nactt Academy for Consumer Bankruptcy Education Inc ($133k), Environmental and Emerging Claim Manager Association ($133k) and Crystal Springs Preschool ($133k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $47k (35% of expenses). Other salaries and wages came to $38k. At year end it held assets of $180k against liabilities of $56, net assets of $180k. It reported 6 employees.