Poestenkill Library

Analysis

Poestenkill Library is a registered charity in United States, based in Poestenkill, NY. It received its IRS tax-exemption ruling in November 1997, 29 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, Poestenkill Library reported income of $103k and spending of $107k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $103k (+5.5%), an average of +5.5% a year. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Poestenkill Library sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Montana Library Association Inc ($103k), Michigan Hands & Voices ($103k) and Urbanext ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $187k against liabilities of $0, net assets of $187k.