Moore Memorial Library

Analysis

Moore Memorial Library is a registered charity in United States, based in Greene, NY. It received its IRS tax-exemption ruling in March 1952, 74 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, Moore Memorial Library reported income of $1.5m and spending of $320k, leaving 78% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $274k to $1.5m (+430%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 675%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Moore Memorial Library sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Dunham House Inc ($1.5m), National Transportation Safety Orga Nization ($1.5m) and Associated Schools of Construction ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 0.2% of the total. Other salaries and wages came to $176k. At year end it held assets of $3.9m against liabilities of $0, net assets of $3.9m. It reported 14 employees.