Central New York Library Resources Council

Analysis

Central New York Library Resources Council is a registered charity in United States, based in East Syracuse, NY. It received its IRS tax-exemption ruling in March 1969, 57 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 June 2024, Central New York Library Resources Council reported income of $724k and spending of $737k, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $828k to $724k (-13%), an average of -3.3% a year. The sharpest change came in the year to June 2022, when income rose by 29%. 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, Central New York Library Resources Council sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Center for Youth Development Inc ($724k), From Houses to Homes-Guatemala Inc ($724k) and Sitka Trail Works ($724k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $99k (13% of expenses). Other salaries and wages came to $243k. At year end it held assets of $1.4m against liabilities of $193k, net assets of $1.2m. It reported 7 employees.