Onondaga County Public Library

Analysis

Onondaga County Public Library is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in May 1994, 32 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, Onondaga County Public Library reported income of $63k and spending of $68k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $85k to $63k (-26%), an average of -7.3% a year. The sharpest change came in the year to December 2022, when income rose by 78%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Onondaga County Public Library sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Environment News Trust ($63k), QMC School ($63k) and Edith C Baker School Parent-Teacher Organization ($63k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 12% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.