Stillwater Public Library

Analysis

Stillwater Public Library is a registered charity in United States, based in Stillwater, NY. It received its IRS tax-exemption ruling in May 2019, 7 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 June 2024, Stillwater Public Library reported income of $825k and spending of $651k, leaving 21% of income unspent that year. Across the 4 years on record, from June 2020 to June 2024, income grew from $311k to $825k (+166%), an average of +38% a year. The sharpest change came in the year to June 2024, when income rose by 64%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Stillwater Public Library sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Korean Institute of Southern California ($825k), Professional & Organizational Deveolpment Network in Higher Educ ($825k) and Rochester Community Robotics ($825k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 120% and program service revenue 0.3% of the total. Other salaries and wages came to $177k. At year end it held assets of $5.6m against liabilities of $4.1m, net assets of $1.5m. It reported 13 employees.