Cordelia a Greene Library

Analysis

Cordelia a Greene Library is a registered charity in United States, based in Castile, NY. It received its IRS tax-exemption ruling in November 1993, 33 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, Cordelia a Greene Library reported income of $130k and spending of $155k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $86k to $130k (+53%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cordelia a Greene Library sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Byron E Taylor Christian Service Center Inc ($130k), East Shelby Volunteer Fire Company Inc ($130k) and Plymouth Youth Soccer Association ($130k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 5.9% of the total. Other salaries and wages came to $50k. At year end it held assets of $645k against liabilities of $0, net assets of $645k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.