Clyde-Savannah Public Library

Analysis

Clyde-Savannah Public Library is a registered charity in United States, based in Clyde, NY. It received its IRS tax-exemption ruling in August 2002, 24 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, Clyde-Savannah Public Library reported income of $328k and spending of $303k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $321k to $328k (+2.0%), an average of +0.5% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Clyde-Savannah Public Library sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include California Community Colleges Chief Instructional Officers Inc ($328k), Highland Band Boosters ($328k) and Deep Roots School Inc ($328k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $52k (17% of expenses). At year end it held assets of $514k against liabilities of $27k, net assets of $487k. It reported 8 employees.