Westport Library Association

Analysis

Westport Library Association is a registered charity in United States, based in Westport, NY. It received its IRS tax-exemption ruling in August 1984, 42 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, Westport Library Association reported income of $140k and spending of $100k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $80k to $140k (+75%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Westport Library Association sits at the 45th percentile: it is larger than about 44% 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 Livingston Manor-Roscoe Library ($140k), Keep Sedona Beautiful Inc ($140k) and Columbia Youth Football Inc ($140k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 0.4% of the total. Other salaries and wages came to $44k. At year end it held assets of $837k against liabilities of $1,110, net assets of $836k. It reported 4 employees.