Croghan Free Library

Analysis

Croghan Free Library is a registered charity in United States, based in Croghan, NY. It received its IRS tax-exemption ruling in May 2011, 15 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, Croghan Free Library reported income of $76k and spending of $85k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $76k (+11%), an average of +11% a year. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Croghan Free Library sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Decatur Together Inc ($76k), Casa Grande Athletic Foundation ($76k) and The Black Excellence Awards- Louvenia Johnson Scholarship Fund ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.4% and program service revenue 26% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.