Youngstown Free Library

Analysis

Youngstown Free Library is a registered charity in United States, based in Youngstown, NY. It received its IRS tax-exemption ruling in April 1996, 30 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, Youngstown Free Library reported income of $134k and spending of $220k, spending 164% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $149k to $134k (-10%), an average of -10% a year. Over the whole period it spent 137% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Youngstown Free Library sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Foundation for the Art and Science of Learning ($134k), Easley Band Boosters Club ($134k) and Friends of the Hamilton Schools Foundation Inc ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $226k against liabilities of $1,983, net assets of $224k.