Oswego School District Public Library

Analysis

Oswego School District Public Library is a registered charity in United States, based in Oswego, NY. It received its IRS tax-exemption ruling in March 2002, 24 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 June 2023, Oswego School District Public Library reported income of $1.5m and spending of $1.2m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.5m (+7.7%), an average of +1.9% a year. 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, Oswego School District Public Library sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Entrepreneurs Organization ($1.5m), Hernando County Education Direct Support Organization Inc ($1.5m) and Cabrillo Montessori School Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $35k (2.8% of expenses). Other salaries and wages came to $329k. At year end it held assets of $8.6m against liabilities of $4.0m, net assets of $4.6m. It reported 17 employees.