Yates Community Library

Analysis

Yates Community Library is a registered charity in United States, based in Lyndonville, NY. It received its IRS tax-exemption ruling in June 1965, 61 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, Yates Community Library reported income of $152k and spending of $157k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $142k to $152k (+6.9%), an average of +6.9% a year. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Yates Community Library sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Mid-Northeast Rotary Multi-District Pets Inc ($152k), Adventure & Victory Inc ($152k) and Calallen Educational Foundation ($152k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 82% of the total. At year end it held assets of $251k against liabilities of $1,961, net assets of $249k.