Dormann Library

Analysis

Dormann Library is a registered charity in United States, based in Bath, NY. It received its IRS tax-exemption ruling in July 1960, 66 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, Dormann Library reported income of $938k and spending of $636k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $713k to $938k (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2023, when income rose by 96%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dormann Library sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Make It Movement Inc ($938k), Camp Nebagamon Foundation ($939k) and Pinecrest Athletics Club Inc ($937k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Other salaries and wages came to $369k. At year end it held assets of $2.8m against liabilities of $319k, net assets of $2.5m. It reported 22 employees.