Sinclairville Free Library

Analysis

Sinclairville Free Library is a registered charity in United States, based in Sinclairville, NY. It received its IRS tax-exemption ruling in April 1994, 32 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, Sinclairville Free Library reported income of $76k and spending of $81k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $76k (+3.2%), an average of +3.2% a year. 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, Sinclairville Free Library sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include RHS Gridiron Club Inc ($76k), Mercy Crew Inc ($76k) and Huntsville Band Booster Club Inc ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.6% of the total. At year end it held assets of $269k against liabilities of $0, net assets of $269k.