Dr Sandor & Berthe Benedek Memorial Library

Analysis

Dr Sandor & Berthe Benedek Memorial Library is a registered charity in United States, based in Savona, NY. It received its IRS tax-exemption ruling in April 2005, 21 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, Dr Sandor & Berthe Benedek Memorial Library reported income of $84k and spending of $92k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $78k to $84k (+8.6%), an average of +2.1% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dr Sandor & Berthe Benedek Memorial Library sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include A Book a Day ($84k), The Foundation for Andover Schools ($84k) and Odessa Chambliss Quality of Life Fund Inc ($84k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $27k (29% of expenses). Other salaries and wages came to $20k. At year end it held assets of $330k against liabilities of $0, net assets of $330k. It reported 4 employees.