Port Chester Rye Brook Public Library
Port Chester Rye Brook Public Library maintains stable finances with no reported officer compensation.
EIN: 131851298 · Port Chester, NY · NTEE: B700 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $2.0M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $4.5M |
| Transparency Score | 92/100 |
Is Port Chester Rye Brook Public Library Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Port Chester Rye Brook Public Library directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Port Chester Rye Brook Public Library
Port Chester Rye Brook Public Library (EIN: 131851298) is a nonprofit organization based in Port Chester, NY, classified under NTEE code B700. The organization reported total revenue of $2.1M and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Port Chester Rye Brook Public Library's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Port Chester Rye Brook Public Library is a mid-size nonprofit that has been operating for 82 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$3K |
| Total Assets | $4.6M |
| Total Liabilities | $93K |
| Net Assets | $4.5M |
| Operating Margin | 0.2% |
| Debt-to-Asset Ratio | 2.0% |
| Months of Reserves | 28.3 months |
Financial Health Grade: A
In 2024, Port Chester Rye Brook Public Library reported a surplus of $3K with revenue exceeding expenses, holds 28.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.0% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Port Chester Rye Brook Public Library's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -2.8% | +0.8% | +0.3% |
| 2023 | +13.9% | +1.3% | +0.6% |
| 2022 | -1.7% | +5.5% | -4.9% |
| 2021 | +6.7% | +2.1% | +5.5% |
| 2020 | +0.7% | -1.7% | +0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2300 |
| IRS Ruling Date | 1944 |
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 Port Chester Rye Brook Public Library 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: 90%
- fundraising: 0%
According to IRS 990 filings, Port Chester Rye Brook 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity with annual revenues approaching $2 million and assets over $4.5 million. This suggests either a fully volunteer-led executive team or that executive compensation is categorized differently within the 990, warranting further inquiry.
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.
Red Flags
The following concerns were identified during AI analysis of Port Chester Rye Brook Public Library's IRS 990 filings:
- Unusually low (0%) reported officer compensation, which may obscure actual executive remuneration or indicate an unsustainable volunteer model for an organization of this size.
Strengths
The following positive indicators were identified for Port Chester Rye Brook Public Library:
- Strong financial stability with consistent asset base ($4.5M - $4.8M) and very low liabilities (typically under $100K).
- Balanced budget with revenues closely matching expenses, indicating prudent financial management.
- Consistent operational scale and service delivery, as evidenced by stable revenue and expense trends.
- High potential for program efficiency due to minimal reported administrative overhead, particularly officer compensation.
Frequently Asked Questions about Port Chester Rye Brook Public Library
Is Port Chester Rye Brook Public Library a legitimate charity?
Based on AI analysis of IRS 990 filings, Port Chester Rye Brook Public Library (EIN: 131851298) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Port Chester Rye Brook Public Library spend its money?
Port Chester Rye Brook Public Library directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Port Chester Rye Brook Public Library tax-deductible?
Port Chester Rye Brook Public Library is registered as a tax-exempt nonprofit (EIN: 131851298). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Port Chester Rye Brook Public Library CEO make?
Port Chester Rye Brook Public Library's highest-compensated officer earns $2 annually. The organization reported $2.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Port Chester Rye Brook Public Library compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Port Chester Rye Brook 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 Port Chester Rye Brook Public Library located?
Port Chester Rye Brook Public Library is headquartered in Port Chester, New York and files with the IRS under EIN 131851298. It is classified under NTEE code B700.
How many years of IRS 990 filings does Port Chester Rye Brook Public Library have?
Port Chester Rye Brook Public Library has 14 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 $2.1M in total revenue.
Is Port Chester Rye Brook Public Library a good charity?
Based on its financial data, the Port Chester Rye Brook Public Library appears to be a very good charity. It maintains stable assets, keeps liabilities extremely low, and consistently operates with a balanced budget. The absence of reported officer compensation suggests a highly efficient or volunteer-driven leadership structure, which is commendable for maximizing resources for its mission.
How does the library manage to report 0% officer compensation?
The consistent reporting of 0% officer compensation is highly unusual for an organization of this size. It could indicate that the executive leadership is entirely volunteer-based, or that compensation for key management personnel is reported under different categories (e.g., program expenses for a director who also performs program-related duties) or paid by a related entity. Further investigation into their organizational structure and compensation policies would be needed for a definitive answer.
What is the trend in the library's revenue and expenses?
The library's revenue has shown a gradual upward trend over the past decade, from $1,570,511 in 201505 to $1,960,846 in 202405. Expenses have largely mirrored this trend, indicating a consistent operational scale and a balanced budget where expenses closely track revenue, as seen in the 202405 period where revenue was $1,960,846 and expenses were $1,957,889.
Filing History
IRS 990 filing history for Port Chester Rye Brook Public Library showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Port Chester Rye Brook Public Library's revenue has grown by 30.3%, moving from $1.5M to $2.0M. Total assets decreased by 5.2% over the same period, from $4.9M to $4.6M. Total functional expenses rose by 29.4%, from $1.5M to $2.0M. In its most recent filing year (2024), Port Chester Rye Brook Public Library reported a surplus of $3K, with revenue exceeding expenses. The organization holds $93K in liabilities against $4.6M in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $4.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.0M | $2.0M | $4.6M | $93K | — | View 990 |
| 2023 | $2.0M | $1.9M | $4.6M | $19K | — | View 990 |
| 2022 | $1.8M | $1.9M | $4.6M | $11K | — | View 990 |
| 2021 | $1.8M | $1.8M | $4.8M | $26K | — | — |
| 2020 | $1.7M | $1.8M | $4.6M | $13K | — | View 990 |
| 2019 | $1.7M | $1.8M | $4.5M | $16K | — | View 990 |
| 2018 | $1.6M | $1.8M | $4.6M | $12K | — | View 990 |
| 2017 | $1.6M | $1.7M | $4.8M | $3K | — | View 990 |
| 2016 | $1.6M | $1.7M | $4.7M | $1K | — | View 990 |
| 2015 | $1.6M | $1.7M | $4.6M | $7K | — | View 990 |
| 2014 | $1.5M | $1.6M | $4.5M | $0 | — | View 990 |
| 2013 | $1.5M | $1.6M | $4.5M | $0 | — | View 990 |
| 2012 | $1.4M | $1.6M | $4.6M | $0 | — | View 990 |
| 2011 | $1.5M | $1.5M | $4.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.0M, expenses of $2.0M, and assets of $4.6M (revenue -2.8% year-over-year).
- 2023: Revenue of $2.0M, expenses of $1.9M, and assets of $4.6M (revenue +13.9% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.9M, and assets of $4.6M (revenue -1.7% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.8M, and assets of $4.8M (revenue +6.7% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.8M, and assets of $4.6M (revenue +0.7% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.8M, and assets of $4.5M (revenue +4.3% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.8M, and assets of $4.6M (revenue -0.3% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.7M, and assets of $4.8M (revenue -1.0% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.7M, and assets of $4.7M (revenue +3.8% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.7M, and assets of $4.6M (revenue +3.4% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.6M, and assets of $4.5M (revenue +1.0% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.6M, and assets of $4.5M (revenue +5.0% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.6M, and assets of $4.6M (revenue -4.8% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.5M, and assets of $4.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Port Chester Rye Brook Public Library:
Data Sources and Methodology
This transparency report for Port Chester Rye Brook 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.