Hampton Library In Bridgehampton Inc
Hampton Library In Bridgehampton Inc consistently maintains strong financial health with low liabilities and no reported officer compensation.
EIN: 112007389 · Bridgehampton, NY · NTEE: B71Z · Updated: 2026-03-28
Is Hampton Library In Bridgehampton Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hampton Library In Bridgehampton Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hampton Library In Bridgehampton Inc
Hampton Library In Bridgehampton Inc (EIN: 112007389) is a nonprofit organization based in Bridgehampton, NY, classified under NTEE code B71Z. The organization reported total revenue of $2.6M and total assets of $10.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hampton Library In Bridgehampton Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hampton Library In Bridgehampton Inc with a Mission Score of 92 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: 85%
- fundraising: 5%
According to IRS 990 filings, Hampton Library In Bridgehampton Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive sign for resource allocation directly to the 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 Library In Bridgehampton Inc:
- Strong program spending ratio, indicating efficient use of funds for its mission.
- Consistent growth in assets, demonstrating financial stability and prudent management.
- Extremely low liabilities relative to assets, suggesting minimal financial risk.
- No reported officer compensation, enhancing transparency and trust.
- Positive revenue trend, indicating growing support and sustainability.
Frequently Asked Questions about Hampton Library In Bridgehampton Inc
Is Hampton Library In Bridgehampton Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hampton Library In Bridgehampton Inc (EIN: 112007389) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Hampton Library In Bridgehampton Inc spend its money?
Hampton Library In Bridgehampton Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hampton Library In Bridgehampton Inc tax-deductible?
Hampton Library In Bridgehampton Inc is registered as a tax-exempt nonprofit (EIN: 112007389). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Hampton Library In Bridgehampton Inc a good charity?
Based on its financial data, Hampton Library In Bridgehampton Inc appears to be a very good charity. It consistently allocates a high percentage of its expenses to programs, maintains strong financial reserves, and reports no officer compensation, all of which are positive indicators of efficiency and mission focus.
How has the organization's revenue trended over the last few years?
The organization's revenue has shown a positive trend, increasing from $1.66 million in 2022 to $2.19 million in 2023, and reaching $2.57 million in its latest reported period, indicating growing financial support.
What is the organization's financial stability?
Hampton Library In Bridgehampton Inc exhibits strong financial stability. Its assets have consistently grown, reaching over $10 million in 2023, while liabilities remain exceptionally low, often less than 0.5% of total assets, demonstrating a robust financial position.
Filing History
IRS 990 filing history for Hampton Library In Bridgehampton Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hampton Library In Bridgehampton Inc's revenue has grown by 38.7%, moving from $1.6M to $2.2M. Total assets increased by 23.7% over the same period, from $8.1M to $10.0M. Total functional expenses rose by 49.9%, from $1.2M to $1.8M. In its most recent filing year (2023), Hampton Library In Bridgehampton Inc reported a surplus of $415K, with revenue exceeding expenses. The organization holds $28K in liabilities against $10.0M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $10.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $1.8M | $10.0M | $28K | — | — |
| 2022 | $1.7M | $1.6M | $9.5M | $32K | — | View 990 |
| 2021 | $1.6M | $1.5M | $9.6M | $53K | — | View 990 |
| 2020 | $1.6M | $1.5M | $9.5M | $30K | — | View 990 |
| 2019 | $1.8M | $1.5M | $9.3M | $64K | — | View 990 |
| 2018 | $1.7M | $1.4M | $9.0M | $52K | — | View 990 |
| 2017 | $1.8M | $1.4M | $8.8M | $71K | — | — |
| 2016 | $1.7M | $1.3M | $8.9M | $599K | — | View 990 |
| 2015 | $1.7M | $1.2M | $8.9M | $1.1M | — | View 990 |
| 2014 | $1.7M | $1.1M | $8.9M | $1.6M | — | View 990 |
| 2013 | $1.6M | $1.1M | $8.2M | $1.5M | — | View 990 |
| 2012 | $1.6M | $1.1M | $8.2M | $1.9M | — | View 990 |
| 2011 | $1.6M | $1.2M | $8.1M | $2.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $1.8M, and assets of $10.0M (revenue +31.8% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.6M, and assets of $9.5M (revenue +6.7% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.5M, and assets of $9.6M (revenue -3.8% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.5M, and assets of $9.5M (revenue -7.8% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.5M, and assets of $9.3M (revenue +5.4% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.4M, and assets of $9.0M (revenue -7.0% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.4M, and assets of $8.8M (revenue +3.4% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.3M, and assets of $8.9M (revenue +2.1% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.2M, and assets of $8.9M (revenue +2.5% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.1M, and assets of $8.9M (revenue +2.6% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.1M, and assets of $8.2M (revenue +1.1% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.1M, and assets of $8.2M (revenue +1.0% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.2M, and assets of $8.1M.
Data Sources and Methodology
This transparency report for Hampton Library In Bridgehampton Inc 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.