Cazenovia Public Library Society

Analysis

Cazenovia Public Library Society is a registered charity in United States, based in Cazenovia, NY. It received its IRS tax-exemption ruling in October 1943, 83 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, Cazenovia Public Library Society reported income of $741k and spending of $659k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $785k to $741k (-5.6%), an average of -1.4% a year. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cazenovia Public Library Society 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 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Navarro College Foundation Inc ($741k), Frenchtown Neighborhood Improvement Association Inc ($741k) and Prospect Hill Academy Charter School Foundation Inc ($741k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 0.7% of the total. Other salaries and wages came to $308k. At year end it held assets of $3.4m against liabilities of $400k, net assets of $3.0m. It reported 16 employees.