Owwl Library System

Analysis

Owwl Library System is a registered charity in United States, based in Canandaigua, NY. It received its IRS tax-exemption ruling in May 1993, 33 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, Owwl Library System reported income of $2.0m and spending of $1.9m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.0m (+1.7%), an average of +0.4% a year. The sharpest change came in the year to December 2021, when income rose by 37%. 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, Owwl Library System sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Lone Star Mycroschool Inc ($2.0m), Reformed University Inc ($2.0m) and Liberty Christian Schools Incorporated ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $126k (6.6% of expenses). Other salaries and wages came to $600k. At year end it held assets of $2.8m against liabilities of $559, net assets of $2.8m. It reported 19 employees.