Rose Free Library

Analysis

Rose Free Library is a registered charity in United States, based in Rose, NY. It received its IRS tax-exemption ruling in June 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, Rose Free Library reported income of $125k and spending of $109k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $106k to $125k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rose Free Library sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Greater Cincinnati Intergroup Council of Alcoholics Anonymous ($125k), PTA Arizona Congress of Parents & Teachers Inc ($125k) and Uptown Gay & Lesbian Alliance Inc ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.2% and program service revenue 91% of the total. At year end it held assets of $199k against liabilities of $0, net assets of $199k.