Sally Ploof Hunter Memorial Library

Analysis

Sally Ploof Hunter Memorial Library is a registered charity in United States, based in Black River, NY. It received its IRS tax-exemption ruling in March 1976, 50 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, Sally Ploof Hunter Memorial Library reported income of $155k and spending of $200k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $274k to $155k (-44%), an average of -13% a year. The sharpest change came in the year to December 2020, when income dropped by 47%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sally Ploof Hunter Memorial Library sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Herscher Foundation Inc ($155k), PTA California Congress of Parents Teachers & Students Inc ($155k) and Berts Salute to America Foundation Inc ($155k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $33k (17% of expenses). Other salaries and wages came to $49k. At year end it held assets of $552k against liabilities of $2,116, net assets of $550k. It reported 4 employees.