Rushford Free Library Association

Analysis

Rushford Free Library Association is a registered charity in United States, based in Rushford, NY. It received its IRS tax-exemption ruling in August 1972, 54 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, Rushford Free Library Association reported income of $89k and spending of $72k, spending 81% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $73k to $89k (+21%), an average of +9.8% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rushford Free Library Association sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Oscar N Jonas Memorial Foundation ($89k), Eileen Price Lewis Foundation Inc ($89k) and Nippenose Valley Volunteer Fire Co ($89k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $33k (46% of expenses). At year end it held assets of $559k against liabilities of $0, net assets of $559k. It reported 3 employees.