Bristol Library

Analysis

Bristol Library is a registered charity in United States, based in Canandaigua, NY. It received its IRS tax-exemption ruling in March 1979, 47 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, Bristol Library reported income of $97k and spending of $81k, spending 84% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $75k to $97k (+29%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bristol Library sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Cambridge Symphony Orchestra Inc ($97k), Staten Island Soccer Club Inc ($97k) and Society of Health and Physical Educators ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 0.4% of the total. At year end it held assets of $184k against liabilities of $0, net assets of $184k.