Fulton Public Library

Analysis

Fulton Public Library is a registered charity in United States, based in Fulton, NY. It received its IRS tax-exemption ruling in May 2007, 19 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, Fulton Public Library reported income of $548k and spending of $513k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $465k to $548k (+18%), an average of +4.2% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fulton 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 Knappa Schools Foundation ($548k), The Business Center at New Covenant Campus ($548k) and Indiana Baptist College Inc ($548k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Other salaries and wages came to $239k. At year end it held assets of $698k against liabilities of $0, net assets of $698k. It reported 9 employees.