Bell Memorial Library

Analysis

Bell Memorial Library is a registered charity in United States, based in Nunda, NY. It received its IRS tax-exemption ruling in July 1989, 37 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, Bell Memorial Library reported income of $169k and spending of $142k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $163k to $169k (+3.3%), an average of +0.8% a year. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bell Memorial Library sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include Wells of Salvation Inc ($169k), Central Association of Obstetricians & Gynecologists ($169k) and Lanterman Historical Museum Foundation ($169k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 1.7% of the total. Other salaries and wages came to $85k. At year end it held assets of $704k against liabilities of $2,518, net assets of $701k. It reported 5 employees.