Sedona Public Library

Analysis

Sedona Public Library is a registered charity in United States, based in Sedona, AZ. It received its IRS tax-exemption ruling in April 1964, 62 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 May 2024, Sedona Public Library reported income of $2.3m and spending of $2.1m, spending 90% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $1.6m to $2.3m (+47%), an average of +10% a year. The sharpest change came in the year to May 2022, when income rose by 55%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sedona Public Library sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within AZ. Charities of a similar size with the same main cause include Austin Plumbers & Pipefitters Training TR ($2.3m), Small Wonder Pre-School Inc ($2.3m) and East Coast Assistance Dogs Inc ($2.3m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 86% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $268k (13% of expenses). Other salaries and wages came to $664k. At year end it held assets of $7.5m against liabilities of $181k, net assets of $7.3m. It reported 27 employees.