Avon Free Library

Analysis

Avon Free Library is a registered charity in United States, based in Avon, NY. It received its IRS tax-exemption ruling in October 1993, 33 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, Avon Free Library reported income of $762k and spending of $279k, leaving 63% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $629k to $762k (+21%), an average of +6.6% a year. The sharpest change came in the year to December 2023, when income rose by 198%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Avon Free Library sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Little League Baseball Inc ($762k), American Council for Construction Education Inc ($762k) and History Center in Tompkins County ($762k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Other salaries and wages came to $172k. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m. It reported 9 employees.