Seymour Library Foundation

Analysis

Seymour Library Foundation is a registered charity in United States, based in Auburn, NY. It received its IRS tax-exemption ruling in August 1993, 33 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Seymour Library Foundation reported income of $213k and spending of $75k, leaving 65% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $129k to $213k (+65%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 85%. Over the whole period it spent 22% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seymour Library Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Northwest Ohio Youth Soccer League ($213k), Leadingage Kansas Foundation ($213k) and Waynesboro Area Advanced Life Support Unit ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% of the total. At year end it held assets of $5.5m against liabilities of $974k, net assets of $4.6m.