Morton Memorial Library

Analysis

Morton Memorial Library is a registered charity in United States, based in Pine Hill, NY. It received its IRS tax-exemption ruling in April 2002, 24 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, Morton Memorial Library reported income of $70k and spending of $68k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $70k (+7.4%), an average of +7.4% a year. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Morton Memorial Library 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 Reconnect Dance Community ($70k), Jane Addams Middle School Ptsa ($70k) and Woodsfield Sideliners ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.4% and program service revenue 93% of the total. At year end it held assets of $60k against liabilities of $1,695, net assets of $58k.