Village of Phoenix Public Library

Analysis

Village of Phoenix Public Library is a registered charity in United States, based in Phoenix, NY. It received its IRS tax-exemption ruling in July 1992, 34 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, Village of Phoenix Public Library reported income of $188k and spending of $169k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $185k to $188k (+1.3%), an average of +1.3% a year. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Village of Phoenix Public Library sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include The International Society of Palm Beach Inc ($188k), Song for Israel ($188k) and Bastrop County Historical Society Inc ($188k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. At year end it held assets of $498k against liabilities of $0, net assets of $498k.