Hampton Bays Public Library
Hampton Bays Public Library consistently allocates resources to programs with no reported officer compensation.
EIN: 111981651 · Hampton Bays, NY · NTEE: B700 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.0M |
| Total Expenses | $2.5M |
| Program Spending | 90% |
| Net Assets | $3.0M |
| Transparency Score | 95/100 |
Is Hampton Bays Public Library Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hampton Bays Public Library directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hampton Bays Public Library
Hampton Bays Public Library (EIN: 111981651) is a nonprofit organization based in Hampton Bays, NY, classified under NTEE code B700. The organization reported total revenue of $3.0M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hampton Bays Public Library's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hampton Bays Public Library is a mid-size nonprofit that has been operating for 65 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.5M |
| Surplus / Deficit | +$115K |
| Total Assets | $3.1M |
| Total Liabilities | $153K |
| Net Assets | $3.0M |
| Operating Margin | 4.4% |
| Debt-to-Asset Ratio | 4.9% |
| Months of Reserves | 15.0 months |
Financial Health Grade: A
In 2023, Hampton Bays Public Library reported a surplus of $115K with revenue exceeding expenses, holds 15.0 months of operating reserves (strong position), has a debt-to-asset ratio of 4.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hampton Bays Public Library's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.9% | -4.7% | +3.1% |
| 2022 | +3.1% | +10.7% | -1.9% |
| 2021 | +0.4% | +3.4% | +3.0% |
| 2020 | -3.2% | +4.7% | +5.9% |
| 2019 | +7.4% | -5.1% | +7.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1961 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hampton Bays Public Library with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Hampton Bays Public Library allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $115K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.9%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting that leadership is either volunteer or compensated through other non-officer categories, which is highly favorable for resource allocation to the library's mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Hampton Bays Public Library:
- Consistent financial stability with revenues generally exceeding expenses.
- Significant reduction in liabilities from $969,312 in 2014 to $153,365 in 2023.
- Zero reported officer compensation across all filings, indicating high efficiency in leadership costs.
- Strong asset growth, reaching $3,550,566 in the latest period.
- High percentage of spending likely directed towards program services, typical for a public library.
Frequently Asked Questions about Hampton Bays Public Library
Is Hampton Bays Public Library a legitimate charity?
Based on AI analysis of IRS 990 filings, Hampton Bays Public Library (EIN: 111981651) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Hampton Bays Public Library spend its money?
Hampton Bays Public Library directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hampton Bays Public Library tax-deductible?
Hampton Bays Public Library is registered as a tax-exempt nonprofit (EIN: 111981651). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Hampton Bays Public Library compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Hampton Bays Public Library is above average for NTEE category B700 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hampton Bays Public Library located?
Hampton Bays Public Library is headquartered in Hampton Bays, New York and files with the IRS under EIN 111981651. It is classified under NTEE code B700.
How many years of IRS 990 filings does Hampton Bays Public Library have?
Hampton Bays Public Library has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.0M in total revenue.
Is Hampton Bays Public Library a good charity?
Based on its consistent financial health, high program spending, and zero reported officer compensation, Hampton Bays Public Library appears to be a very good and efficient organization.
How has the library's financial stability changed over time?
The library has demonstrated consistent financial stability, with revenues generally exceeding expenses and a significant reduction in liabilities from $969,312 in 2014 to $153,365 in 2023.
What is the library's approach to executive compensation?
The library consistently reports 0% officer compensation, indicating that executive leadership is either volunteer or compensated through means not classified as officer compensation on the 990 form, which is a strong positive for resource allocation.
Filing History
IRS 990 filing history for Hampton Bays Public Library showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hampton Bays Public Library's revenue has grown by 32.7%, moving from $2.0M to $2.6M. Total assets increased by 3.8% over the same period, from $3.0M to $3.1M. Total functional expenses rose by 31.6%, from $1.9M to $2.5M. In its most recent filing year (2023), Hampton Bays Public Library reported a surplus of $115K, with revenue exceeding expenses. The organization holds $153K in liabilities against $3.1M in assets (debt-to-asset ratio: 4.9%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.5M | $3.1M | $153K | — | — |
| 2022 | $2.5M | $2.6M | $3.0M | $174K | — | View 990 |
| 2021 | $2.5M | $2.4M | $3.1M | $153K | — | View 990 |
| 2020 | $2.5M | $2.3M | $3.0M | $157K | — | View 990 |
| 2019 | $2.5M | $2.2M | $2.8M | $153K | — | View 990 |
| 2018 | $2.4M | $2.3M | $2.7M | $309K | — | View 990 |
| 2017 | $2.3M | $2.2M | $2.8M | $485K | — | View 990 |
| 2016 | $2.3M | $2.3M | $2.8M | $626K | — | View 990 |
| 2015 | $2.3M | $2.2M | $2.9M | $775K | — | View 990 |
| 2014 | $2.2M | $2.1M | $3.0M | $969K | — | View 990 |
| 2013 | $2.1M | $2.0M | $3.0M | $1.1M | — | View 990 |
| 2012 | $2.0M | $1.9M | $3.0M | $1.2M | — | View 990 |
| 2011 | $2.0M | $1.9M | $3.0M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.5M, and assets of $3.1M (revenue +2.9% year-over-year).
- 2022: Revenue of $2.5M, expenses of $2.6M, and assets of $3.0M (revenue +3.1% year-over-year).
- 2021: Revenue of $2.5M, expenses of $2.4M, and assets of $3.1M (revenue +0.4% year-over-year).
- 2020: Revenue of $2.5M, expenses of $2.3M, and assets of $3.0M (revenue -3.2% year-over-year).
- 2019: Revenue of $2.5M, expenses of $2.2M, and assets of $2.8M (revenue +7.4% year-over-year).
- 2018: Revenue of $2.4M, expenses of $2.3M, and assets of $2.7M (revenue +2.4% year-over-year).
- 2017: Revenue of $2.3M, expenses of $2.2M, and assets of $2.8M (revenue -0.8% year-over-year).
- 2016: Revenue of $2.3M, expenses of $2.3M, and assets of $2.8M (revenue +2.6% year-over-year).
- 2015: Revenue of $2.3M, expenses of $2.2M, and assets of $2.9M (revenue +2.3% year-over-year).
- 2014: Revenue of $2.2M, expenses of $2.1M, and assets of $3.0M (revenue +5.5% year-over-year).
- 2013: Revenue of $2.1M, expenses of $2.0M, and assets of $3.0M (revenue +3.0% year-over-year).
- 2012: Revenue of $2.0M, expenses of $1.9M, and assets of $3.0M (revenue +3.6% year-over-year).
- 2011: Revenue of $2.0M, expenses of $1.9M, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hampton Bays Public Library:
Data Sources and Methodology
This transparency report for Hampton Bays Public Library is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.