Hepburn Library of Norfolk

Analysis

Hepburn Library of Norfolk is a registered charity in United States, based in Norfolk, NY. It received its IRS tax-exemption ruling in December 2006, 20 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, Hepburn Library of Norfolk reported income of $208k and spending of $253k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $137k to $208k (+52%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 115% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hepburn Library of Norfolk sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Clinton High School Band Boosters Inc ($208k), Queensbury Community Scholarship Association Inc ($208k) and Family Connection & Communities in Schools Glascock County Inc ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $23k (9.0% of expenses). Other salaries and wages came to $58k. At year end it held assets of $261k against liabilities of $0, net assets of $261k. It reported 9 employees.