Johnstown Public Library

Analysis

Johnstown Public Library is a registered charity in United States, based in Johnstown, NY. It received its IRS tax-exemption ruling in October 2022, 4 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, Johnstown Public Library reported income of $571k and spending of $524k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $431k to $571k (+33%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 102%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Johnstown Public Library sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include The Center for Native Health Inc ($571k), Fresno County Retired Teachers Educational Foundation Inc ($571k) and PS 183 Parents-Teachers Association Inc ($571k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $71k (14% of expenses). Other salaries and wages came to $221k. At year end it held assets of $2.8m against liabilities of $36k, net assets of $2.7m. It reported 15 employees.