Earlville Free Library

Analysis

Earlville Free Library is a registered charity in United States, based in Earlville, NY. It received its IRS tax-exemption ruling in May 1973, 53 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, Earlville Free Library reported income of $92k and spending of $111k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $98k to $92k (-6.5%), an average of -1.7% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Earlville Free Library sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include National Council of Asian Pacific Islander Physicians ($92k), Vigilant Hose Company Auxiliary Inc ($92k) and Miami Beach Eruv Council Inc ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 1.9% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.