Edmeston Free Library

Analysis

Edmeston Free Library is a registered charity in United States, based in Edmeston, NY. It received its IRS tax-exemption ruling in March 2017, 9 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, Edmeston Free Library reported income of $498k and spending of $142k, leaving 72% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $214k to $498k (+132%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 404%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Edmeston Free Library sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Southern Lehigh Public Library Assn ($498k), Jet Award Foundation & Trust Inc ($498k) and Amani Women Center Inc ($498k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $19k (14% of expenses). Other salaries and wages came to $3,168. At year end it held assets of $1.1m against liabilities of $1,556, net assets of $1.1m. It reported 3 employees.