Pawling Free Library

Analysis

Pawling Free Library is a registered charity in United States, based in Pawling, NY. It received its IRS tax-exemption ruling in December 2000, 26 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, Pawling Free Library reported income of $685k and spending of $544k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $529k to $685k (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pawling Free Library sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Caswell County Partnership for Children ($685k), Fort Worth Scottish Rite Foundation Inc ($685k) and Association of American Universities Data Exchange ($685k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $60k (11% of expenses). Other salaries and wages came to $208k. At year end it held assets of $1.1m against liabilities of $23k, net assets of $1.1m. It reported 11 employees.