Kirkland Town Library

Analysis

Kirkland Town Library is a registered charity in United States, based in Clinton, NY. It received its IRS tax-exemption ruling in June 1951, 75 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, Kirkland Town Library reported income of $546k and spending of $468k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $423k to $546k (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kirkland Town Library sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Educational Services Hawaii Foundation ($546k), Friends of the Truckee Library Inc ($546k) and Tennesseans for Quality Early Education Policy and Research ($546k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $66k (14% of expenses). Other salaries and wages came to $204k. At year end it held assets of $2.9m against liabilities of $361k, net assets of $2.6m. It reported 27 employees.