North Chatham Free Library

Analysis

North Chatham Free Library is a registered charity in United States, based in North Chatham, NY. It received its IRS tax-exemption ruling in October 1968, 58 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, North Chatham Free Library reported income of $138k and spending of $115k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $112k to $138k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Chatham Free Library sits at the 44th 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 HTTV Inc ($138k), Providence Rivendell Court Apartments Inc ($138k) and Bellevue Soccer Club ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 0.3% of the total. At year end it held assets of $198k against liabilities of $0, net assets of $198k.