Crosby Public Library

Analysis

Crosby Public Library is a registered charity in United States, based in Antwerp, NY. It received its IRS tax-exemption ruling in July 1992, 34 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, Crosby Public Library reported income of $79k and spending of $57k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $79k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Crosby Public Library sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Wilmington Art Association Inc ($79k), American Research and Policy Insitute ($79k) and Pauline Valentine Adair Church Cemetery Trust ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. At year end it held assets of $282k against liabilities of $0, net assets of $282k.