Seymour Library

Analysis

Seymour Library is a registered charity in United States, based in Brockport, NY. It received its IRS tax-exemption ruling in December 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, Seymour Library reported income of $596k and spending of $688k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $732k to $596k (-19%), an average of -5.0% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seymour Library sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Council on Economic Education in Maryland ($596k), Race Track Chaplaincy of America Inc ($596k) and Youth for Christ USA Inc ($596k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.1% of the total. Other salaries and wages came to $315k. At year end it held assets of $1.1m against liabilities of $28k, net assets of $1.1m. It reported 23 employees.