Grafton Community Library

Analysis

Grafton Community Library is a registered charity in United States, based in Grafton, NY. It received its IRS tax-exemption ruling in November 1995, 31 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, Grafton Community Library reported income of $80k and spending of $23k, leaving 72% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $112k to $80k (-28%), an average of -10% a year. The sharpest change came in the year to December 2022, when income rose by 224%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grafton Community Library sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include San Luis Obispo Agricultural Youth Booster Club ($80k), Douglass High School Alumni Association Inc ($80k) and Wilmington School District 209-U Foundation for Excellence ($80k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 6 employees.