Southeastern New York Library Resources Council
Analysis
Southeastern New York Library Resources Council is a registered charity in United States, based in Highland, NY. It received its IRS tax-exemption ruling in December 1967, 59 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 June 2023, Southeastern New York Library Resources Council reported income of $1.3m and spending of $1.4m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.1m to $1.3m (+20%), an average of +6.1% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 92% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Southeastern New York Library Resources Council sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Reading Heart ($1.3m), Pittsburgh Council on Higher Education ($1.3m) and Skaneateles Library Association ($1.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $128k (9.4% of expenses). Other salaries and wages came to $451k. At year end it held assets of $1.6m against liabilities of $60k, net assets of $1.6m. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 74%
- Program services 24%
- Other 2.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Reading Heart | Fresno | $1.3m |
| Pittsburgh Council on Higher Education | Pittsburgh | $1.3m |
| Skaneateles Library Association | Skaneateles | $1.3m |
| Edward J Malloy Initiative for Constructive Skills Inc | New York | $1.3m |