Massena Public Library

Analysis

Massena Public Library is a registered charity in United States, based in Massena, NY. It received its IRS tax-exemption ruling in September 2011, 15 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, Massena Public Library reported income of $313k and spending of $611k, spending 195% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $715k to $313k (-56%), an average of -19% a year. The sharpest change came in the year to December 2022, when income dropped by 41%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Massena Public Library sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Colmena Academy ($313k), Friends of Shiloh Foundation Inc ($313k) and Colorado State University System Foundation ($313k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $298k. At year end it held assets of $307k against liabilities of $17k, net assets of $290k. It reported 8 employees.