Argyle Free Library Association

Analysis

Argyle Free Library Association is a registered charity in United States, based in Argyle, NY. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Argyle Free Library Association reported income of $125k and spending of $89k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $121k to $125k (+3.1%), an average of +3.1% a year. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Argyle Free Library Association sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Desoto Arts Council ($125k), Pan Harmonia ($125k) and Streatorland Historical Society Inc ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 64% of the total. At year end it held assets of $242k against liabilities of $0, net assets of $242k.