Patterson Library

Analysis

Patterson Library is a registered charity in United States, based in Patterson, NY. It received its IRS tax-exemption ruling in August 1985, 41 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, Patterson Library reported income of $1.1m and spending of $963k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $958k to $1.1m (+16%), an average of +3.8% a year. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Patterson Library sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Florida Parent Educators Associatio N Inc ($1.1m), Lamorinda Spanish Inc ($1.1m) and Organizing Roots Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $573k. At year end it held assets of $2.4m against liabilities of $224k, net assets of $2.1m. It reported 26 employees.