New Berlin Library Association

Analysis

New Berlin Library Association is a registered charity in United States, based in New Berlin, NY. It received its IRS tax-exemption ruling in May 1985, 41 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, New Berlin Library Association reported income of $104k and spending of $109k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $103k to $104k (+1.5%), an average of +1.5% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Berlin Library Association sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Brick American Baseball League Inc ($104k), Save Sharon Hospital Inc ($104k) and Hancock Fire Co ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.2% of the total. At year end it held assets of $417k against liabilities of $0, net assets of $417k.