Keeseville Free Library

Analysis

Keeseville Free Library is a registered charity in United States, based in Keeseville, NY. It received its IRS tax-exemption ruling in March 1953, 73 years ago. 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, Keeseville Free Library reported income of $93k and spending of $74k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $93k (+8.5%), an average of +8.5% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Keeseville Free Library sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include St Francis Home for Young Men Inc ($93k), Spring Lake Golf Club Scholarship Fund Inc ($93k) and Big Laurel Learning Center Inc ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $200k against liabilities of $7,757, net assets of $192k.