Wilson Community Library

Analysis

Wilson Community Library is a registered charity in United States, based in Wilson, NY. It received its IRS tax-exemption ruling in March 1986, 40 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, Wilson Community Library reported income of $140k and spending of $137k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $344k to $140k (-59%), an average of -20% a year. The sharpest change came in the year to December 2021, when income dropped by 62%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wilson Community Library sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include University Venture Program - Crossroads Inc ($140k), St Monica School Endowment Trust ($140k) and Hola Community Partners ($140k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $26k against liabilities of $521, net assets of $26k.