Lansing Community Library

Analysis

Lansing Community Library is a registered charity in United States, based in Lansing, NY. It received its IRS tax-exemption ruling in October 2016, 10 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, Lansing Community Library reported income of $320k and spending of $315k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $270k to $320k (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2020, when income rose by 19%. 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, Lansing Community 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 63rd percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Explorium Denton Childrens Museum ($320k), Cohesion Central Inc ($320k) and Delaware County By5-Early Childhood Education Initiative Inc ($320k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $67k (21% of expenses). Other salaries and wages came to $98k. At year end it held assets of $947k against liabilities of $284k, net assets of $664k. It reported 10 employees.