Clinton Essex Franklin Library

Analysis

Clinton Essex Franklin Library is a registered charity in United States, based in Plattsburgh, NY. It received its IRS tax-exemption ruling in December 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 December 2023, Clinton Essex Franklin Library reported income of $1.9m and spending of $1.7m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.9m (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Clinton Essex Franklin Library sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Porterville College Foundation ($1.9m), Vista Charter School ($1.9m) and Christ Preparatory Academy Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $165k (10.0% of expenses). Other salaries and wages came to $463k. At year end it held assets of $2.1m against liabilities of $598k, net assets of $1.5m. It reported 15 employees.