Irondequoit Public Library Foundation Inc

Analysis

Irondequoit Public Library Foundation Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in March 2013, 13 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, Irondequoit Public Library Foundation Inc reported income of $70k and spending of $34k, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $93k to $70k (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2022, when income dropped by 190%. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Irondequoit Public Library Foundation Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Hispanic Managers Association Inc ($70k), Palm Valley PTO ($70k) and Lavaca Historical Museum ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $585k against liabilities of $0, net assets of $585k.