Jervis Public Library Association

Analysis

Jervis Public Library Association is a registered charity in United States, based in Rome, NY. It received its IRS tax-exemption ruling in September 1961, 65 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, Jervis Public Library Association reported income of $1.8m and spending of $1.7m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $1.8m (+9.2%), an average of +2.2% a year. The sharpest change came in the year to December 2021, when income rose by 18%. 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, Jervis Public Library Association sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Ascension Seton Hays Foundation ($1.8m), Gap Inc ($1.8m) and Medical Ministry International US ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $219k (13% of expenses). Other salaries and wages came to $658k. At year end it held assets of $3.2m against liabilities of $1,436, net assets of $3.2m. It reported 30 employees.