Barneveld Free Library

Analysis

Barneveld Free Library is a registered charity in United States, based in Barneveld, NY. It received its IRS tax-exemption ruling in June 1995, 31 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, Barneveld Free Library reported income of $53k and spending of $41k, leaving 22% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $44k to $53k (+20%), an average of +6.2% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Barneveld Free Library sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include St John the Evangelist Education Foundation Inc ($53k), Speiro Academy School of Ministry & Fine Arts ($53k) and Cisd Educational Support Groups Inc ($53k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% of the total. Compensation of current officers, directors and key employees was $21k (50% of expenses). At year end it held assets of $565k against liabilities of $0, net assets of $565k. It reported 1 employees.