Capital District Library Council for Reference & Research Resources

Analysis

Capital District Library Council for Reference & Research Resources is a registered charity in United States, based in Latham, NY. It received its IRS tax-exemption ruling in August 1968, 58 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, Capital District Library Council for Reference & Research Resources reported income of $1.0m and spending of $889k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $854k to $1.0m (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2022, when income rose by 33%. 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, Capital District Library Council for Reference & Research Resources sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Zeno ($1.0m), Association of Independent Kentucy College and Universities Inc ($1.0m) and Literacy Council of Alaska ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $118k (13% of expenses). Other salaries and wages came to $304k. At year end it held assets of $1.3m against liabilities of $376k, net assets of $887k. It reported 9 employees.