David a Howe Public Library

Analysis

David a Howe Public Library is a registered charity in United States, based in Wellsville, NY. It received its IRS tax-exemption ruling in April 1941, 85 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 December 2023, David a Howe Public Library reported income of $859k and spending of $747k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $719k to $859k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, David a Howe Public Library sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Lealman and Asian Neighborhood Family Center Inc ($858k), Konocti Christian Academy ($859k) and Associated Italian American Charities of Maryland Inc ($858k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $69k (9.3% of expenses). Other salaries and wages came to $321k. At year end it held assets of $5.0m against liabilities of $692k, net assets of $4.3m. It reported 26 employees.