Sally Stretch Keen Memorial Library

Analysis

Sally Stretch Keen Memorial Library is a registered charity in United States, based in Southampton, NJ. It received its IRS tax-exemption ruling in September 1941, 85 years ago. 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, Sally Stretch Keen Memorial Library reported income of $138k and spending of $134k, spending 97% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $144k to $138k (-4.2%), an average of -0.9% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sally Stretch Keen Memorial Library sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 53rd percentile within NJ. Charities of a similar size with the same main cause include The Tallahassee Community Chorus Inc ($138k), PTA New York Congress ($138k) and Friends of Radio Maria Inc ($138k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 1.0% of the total. At year end it held assets of $609k against liabilities of $1,755, net assets of $607k. It reported 7 employees.