Lisle Free Library

Analysis

Lisle Free Library is a registered charity in United States, based in Lisle, NY. It received its IRS tax-exemption ruling in October 1952, 74 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lisle Free Library reported income of $102k and spending of $86k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $102k (+9.9%), an average of +9.9% a year. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lisle Free Library sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Heights Club Incorporated ($102k), Alameda House Inc ($102k) and Wallace Community College Sparks Campus Foundation ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.6% and program service revenue 64% of the total. At year end it held assets of $448k against liabilities of $0, net assets of $448k.