Chemung County Library District

Analysis

Chemung County Library District is a registered charity in United States, based in Elmira, NY. It received its IRS tax-exemption ruling in June 2008, 18 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, Chemung County Library District reported income of $4.1m and spending of $4.1m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $4.1m (+6.8%), an average of +1.7% a year. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Chemung County Library District sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Temple Christian Schools of Fort Worth Inc ($4.1m), F W & Elsie L Heyl Science Scholarship Fund TR ($4.1m) and The Odyssey School Incorporated ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $178k (4.4% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $9.4m against liabilities of $1.2m, net assets of $8.2m. It reported 51 employees.