Empire State Library Network

Analysis

Empire State Library Network is a registered charity in United States, based in Bellport, NY. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Empire State Library Network reported income of $783k and spending of $733k, spending 94% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $692k to $783k (+13%), an average of +2.5% a year. The sharpest change came in the year to June 2022, when income rose by 16%. 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, Empire State Library Network sits at the 73rd percentile: it is larger than about 73% 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 Elting Memorial Library ($782k), Tuition Exchange Inc ($783k) and Florida Consortium of Public Charter Schools Inc ($782k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% and program service revenue 1.2% of the total. At year end it held assets of $1.1m against liabilities of $79k, net assets of $1.1m.