Mayville Library

Analysis

Mayville Library is a registered charity in United States, based in Mayville, NY. It received its IRS tax-exemption ruling in November 1962, 64 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mayville Library reported income of $114k and spending of $144k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $124k to $114k (-8.2%), an average of -2.1% a year. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mayville 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 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Center Service Inc ($114k), Norwood Masonic Temple Foundation Incorporated ($114k) and Hawthorne Family Playschool ($114k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $734k against liabilities of $13k, net assets of $721k. It reported 5 employees.