Ramapo Catskill Library System

Analysis

Ramapo Catskill Library System is a registered charity in United States, based in Middletown, NY. It received its IRS tax-exemption ruling in January 2010, 16 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, Ramapo Catskill Library System reported income of $5.1m and spending of $5.3m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.2m to $5.1m (-2.8%), an average of -0.7% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ramapo Catskill Library System sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Laurelbrook Sanitarium and School Incorporated ($5.1m), American Indian Health Service of Chicago Inc ($5.1m) and Ym-Ywha of Union County Inc ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $281k (5.3% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $7.3m against liabilities of $236k, net assets of $7.1m. It reported 33 employees.