South New Berlin Free Library

Analysis

South New Berlin Free Library is a registered charity in United States, based in S New Berlin, NY. It received its IRS tax-exemption ruling in May 1982, 44 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, South New Berlin Free Library reported income of $70k and spending of $81k, spending 115% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $251k to $70k (-72%), an average of -35% a year. The sharpest change came in the year to December 2021, when income dropped by 65%. 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, South New Berlin Free Library sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include PTA New Jersey Congress of Parents & Teachers ($70k), The Charles B Cozadd Rotary Foundation Inc ($70k) and Dir Biyabir ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $21k (26% of expenses). Other salaries and wages came to $14k. At year end it held assets of $201k against liabilities of $1,868, net assets of $199k. It reported 3 employees.