Erwin Library and Institute

Analysis

Erwin Library and Institute is a registered charity in United States, based in Boonville, NY. It received its IRS tax-exemption ruling in February 1940, 86 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, Erwin Library and Institute reported income of $152k and spending of $127k, spending 83% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $24k to $152k (+539%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 12163%. Over the whole period it spent 120% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Erwin Library and Institute sits at the 49th percentile: it is larger than about 49% 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 Atlanta Chapter of the American Marketing Association Inc ($152k), Friends of Jones ($152k) and Core Community Organized Resources for Educating Youth ($152k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 30% of the total. Other salaries and wages came to $49k. At year end it held assets of $837k against liabilities of $0, net assets of $837k. It reported 8 employees.