Friends of the East Greenbush Community Library

Analysis

Friends of the East Greenbush Community Library is a registered charity in United States, based in E Greenbush, NY. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of the East Greenbush Community Library reported income of $56k and spending of $27k, leaving 52% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $56k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of the East Greenbush Community Library sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Templeton High School Ffa Supportclub ($56k), Sandpoint Preschool Academy Inc ($56k) and Spay Panamas Animals Yes USA ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.