Bolton Free Library

Analysis

Bolton Free Library is a registered charity in United States, based in Bolton LNDG, NY. It received its IRS tax-exemption ruling in October 1999, 27 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, Bolton Free Library reported income of $143k and spending of $129k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $127k to $143k (+13%), an average of +12% a year. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bolton Free Library sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Northern Virginia Athl Directors Administrators and Coaches Assoc ($143k), Parent Booster USA Inc ($143k) and Des Moines Educational Foundation ($143k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.3% of the total. Other salaries and wages came to $55k. At year end it held assets of $533k against liabilities of $1,016, net assets of $532k. It reported 3 employees.