Little Falls Public Library

Analysis

Little Falls Public Library is a registered charity in United States, based in Little Falls, NY. It received its IRS tax-exemption ruling in February 1980, 46 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 June 2024, Little Falls Public Library reported income of $680k and spending of $306k, leaving 55% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $468k to $680k (+45%), an average of +9.8% a year. The sharpest change came in the year to June 2024, when income rose by 71%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Little Falls Public 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 70th percentile within NY. Charities of a similar size with the same main cause include Nashville Technology Council Foundation ($680k), Waldorf Association of Lawrence ($680k) and Springfield Technical Community College Foundation Inc ($680k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% and program service revenue 2.9% of the total. Other salaries and wages came to $131k. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m. It reported 7 employees.