Berlin Free Town Library

Analysis

Berlin Free Town Library is a registered charity in United States, based in Berlin, NY. It received its IRS tax-exemption ruling in August 1993, 33 years ago. 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, Berlin Free Town Library reported income of $55k and spending of $60k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $41k to $55k (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2020, when income rose by 17%. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Berlin Free Town Library sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include American Chemical Society ($55k), Nowata County Historical Society Inc ($55k) and American Chemical Society ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% of the total. Other salaries and wages came to $26k. At year end it held assets of $576k against liabilities of $289, net assets of $575k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.