Sunshine Hall Free Library

Analysis

Sunshine Hall Free Library is a registered charity in United States, based in Eldred, NY. It received its IRS tax-exemption ruling in March 2005, 21 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, Sunshine Hall Free Library reported income of $99k and spending of $77k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $99k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sunshine Hall Free Library sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Partners for Hertford County Public Schools ($99k), Tara Sawyer Memorial Foundation ($99k) and Hawthorne Foundation Development Corporation ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 62% of the total. At year end it held assets of $60k against liabilities of $3,856, net assets of $56k.