Manlius Library

Analysis

Manlius Library is a registered charity in United States, based in Manlius, NY. It received its IRS tax-exemption ruling in January 1981, 45 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, Manlius Library reported income of $1.7m and spending of $1.4m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.7m (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Manlius Library sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Compass Charter Middle School ($1.7m), Pas Charter Inc ($1.7m) and Rivertree School ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $86k (6.0% of expenses). Other salaries and wages came to $765k. At year end it held assets of $4.3m against liabilities of $611k, net assets of $3.7m. It reported 29 employees.