Clayville Library Association

Analysis

Clayville Library Association is a registered charity in United States, based in Clayville, NY. It received its IRS tax-exemption ruling in February 1993, 33 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, Clayville Library Association reported income of $81k and spending of $100k, spending 124% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $87k to $81k (-7.3%), an average of -7.3% a year. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clayville Library Association sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Mexican War Streets Society Inc ($81k), Mid-Penn Region Charities Inc ($81k) and Mossyrock Viking Scholarship Fund Association ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.6% of the total. At year end it held assets of $146k against liabilities of $48k, net assets of $98k.