Bergen County Cooperative Library System Inc

Analysis

Bergen County Cooperative Library System Inc is a registered charity in United States, based in Fair Lawn, NJ. It received its IRS tax-exemption ruling in October 1987, 39 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bergen County Cooperative Library System Inc reported income of $4.1m and spending of $3.9m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $4.1m (+4.8%), an average of +1.2% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bergen County Cooperative Library System Inc 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 92nd percentile within NJ. Charities of a similar size with the same main cause include Pattisons D R E a M Academy ($4.1m), Colorado Uplift ($4.1m) and Burke County Smart Start Inc ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.1% and program service revenue 91% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $3.0m against liabilities of $1.5m, net assets of $1.4m. It reported 29 employees.