Lyons Public Library

Analysis

Lyons Public Library is a registered charity in United States, based in Lyons, NY. It received its IRS tax-exemption ruling in October 2003, 23 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 June 2023, Lyons Public Library reported income of $556k and spending of $456k, spending 82% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $363k to $556k (+53%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lyons Public Library sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Sonshine Ministries Inc ($556k), River Park Nursery School ($556k) and Orangeburg Calhoun Technical College Foundation Incorporated ($556k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $58k (13% of expenses). Other salaries and wages came to $144k. At year end it held assets of $2.0m against liabilities of $24k, net assets of $2.0m. It reported 14 employees.