Chautauqua-Cattaraugus Library System

Analysis

Chautauqua-Cattaraugus Library System is a registered charity in United States, based in Jamestown, NY. It received its IRS tax-exemption ruling in February 1972, 54 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, Chautauqua-Cattaraugus Library System reported income of $1.5m and spending of $1.6m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.5m (+7.4%), an average of +1.8% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chautauqua-Cattaraugus Library System sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Genesee Community College Association Inc ($1.5m), Life Skills Center of Columbusnorth ($1.5m) and Heritage Bible College ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $112k (6.9% of expenses). Other salaries and wages came to $579k. At year end it held assets of $1.6m against liabilities of $86k, net assets of $1.5m. It reported 16 employees.