Port Jefferson Free Library
Port Jefferson Free Library consistently maintains financial surpluses and strong asset growth with no reported officer compensation.
EIN: 111672784 · Prt Jefferson, NY · NTEE: B71Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.2M |
| Total Expenses | $4.7M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $5.7M |
| Transparency Score | 90/100 |
Is Port Jefferson Free Library Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Port Jefferson Free Library directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Port Jefferson Free Library
Port Jefferson Free Library (EIN: 111672784) is a nonprofit organization based in Prt Jefferson, NY, classified under NTEE code B71Z. The organization reported total revenue of $5.2M and total assets of $14.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Port Jefferson Free Library's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Port Jefferson Free Library is a mid-size nonprofit that has been operating for 54 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.1M |
| Total Expenses | $4.7M |
| Surplus / Deficit | +$391K |
| Total Assets | $14.8M |
| Total Liabilities | $9.1M |
| Net Assets | $5.7M |
| Operating Margin | 7.7% |
| Debt-to-Asset Ratio | 61.3% |
| Months of Reserves | 37.9 months |
Financial Health Grade: A
In 2024, Port Jefferson Free Library reported a surplus of $391K with revenue exceeding expenses, holds 37.9 months of operating reserves (strong position), has a debt-to-asset ratio of 61.3% (high leverage).
Financial Trends
Over 13 years of filings (2012–2024), Port Jefferson Free Library's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +5.1% | -0.4% | +3.5% |
| 2023 | +3.5% | +20.2% | -1.6% |
| 2022 | +2.2% | -3.6% | +9.6% |
| 2021 | -2.9% | -6.1% | +6.1% |
| 2020 | +0.8% | +2.3% | +24.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1972 |
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 Jefferson Free Library with a Mission Score of 90 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, Port Jefferson Free Library 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $391K, with revenue exceeding expenses.
- Debt-to-asset ratio: 61.3%.
Executive Compensation Analysis
The Port Jefferson Free Library consistently reports 0% officer compensation across all available filings, suggesting that its leadership may be volunteer-based or compensated through non-officer roles, which is a strong indicator of fiscal prudence for an organization of its size with over $5 million in annual revenue.
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 Port Jefferson Free Library:
- Consistent financial surpluses, indicating sound fiscal management (e.g., $390,689 surplus in 202406).
- Strong and steady asset growth over the past decade, from $7,003,359 in 201506 to $14,847,829 in 202406.
- No reported officer compensation, suggesting a high degree of volunteerism or efficient use of funds for mission-related activities.
- Revenue consistently covers expenses, demonstrating operational sustainability.
- Long history of consistent IRS 990 filings, indicating transparency and compliance.
Frequently Asked Questions about Port Jefferson Free Library
Is Port Jefferson Free Library a legitimate charity?
Port Jefferson Free Library (EIN: 111672784) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.2M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Port Jefferson Free Library spend its money?
Port Jefferson Free Library directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Port Jefferson Free Library tax-deductible?
Port Jefferson Free Library is registered as a tax-exempt nonprofit (EIN: 111672784). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Port Jefferson Free Library CEO make?
Port Jefferson Free Library's highest-compensated officer earns $5 annually. The organization reported $5.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Port Jefferson Free Library's spending goes to programs?
Port Jefferson Free Library directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Port Jefferson Free Library compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Port Jefferson Free Library is above average for NTEE category B71Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Port Jefferson Free Library located?
Port Jefferson Free Library is headquartered in Prt Jefferson, New York and files with the IRS under EIN 111672784. It is classified under NTEE code B71Z.
How many years of IRS 990 filings does Port Jefferson Free Library have?
Port Jefferson Free 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 $5.2M in total revenue.
Is Port Jefferson Free Library financially stable?
Yes, the Port Jefferson Free Library is financially stable, consistently reporting revenue exceeding expenses and demonstrating significant asset growth from $7,003,359 in 201506 to $14,847,829 in 202406.
How efficiently does the library use its funds?
The library appears to use its funds efficiently, as evidenced by consistent annual surpluses (e.g., $5,096,357 revenue vs. $4,705,668 expenses in 202406) and a substantial increase in assets over time, indicating effective management of resources.
Does the Port Jefferson Free Library pay its officers?
Based on the provided IRS 990 data, the Port Jefferson Free Library consistently reports 0% officer compensation across all 13 filings, suggesting no direct compensation to its officers.
Filing History
IRS 990 filing history for Port Jefferson Free Library showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Port Jefferson Free Library's revenue has grown by 29.1%, moving from $3.9M to $5.1M. Total assets increased by 151.3% over the same period, from $5.9M to $14.8M. Total functional expenses rose by 15.8%, from $4.1M to $4.7M. In its most recent filing year (2024), Port Jefferson Free Library reported a surplus of $391K, with revenue exceeding expenses. The organization holds $9.1M in liabilities against $14.8M in assets (debt-to-asset ratio: 61.3%), resulting in net assets of $5.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $5.1M | $4.7M | $14.8M | $9.1M | — | View 990 |
| 2023 | $4.8M | $4.7M | $14.3M | $9.0M | — | View 990 |
| 2022 | $4.7M | $3.9M | $14.6M | $9.4M | — | View 990 |
| 2021 | $4.6M | $4.1M | $13.3M | $8.8M | — | View 990 |
| 2020 | $4.7M | $4.3M | $12.5M | $8.6M | — | View 990 |
| 2019 | $4.7M | $4.2M | $10.0M | $6.5M | — | View 990 |
| 2018 | $4.6M | $3.9M | $9.5M | $6.4M | — | View 990 |
| 2017 | $4.5M | $4.2M | $8.5M | $2.6M | — | View 990 |
| 2016 | $4.4M | $4.1M | $8.4M | $2.9M | — | View 990 |
| 2015 | $4.3M | $3.9M | $7.0M | $1.8M | — | View 990 |
| 2014 | $4.3M | $4.0M | $6.4M | $1.4M | — | View 990 |
| 2013 | $4.1M | $4.2M | $6.1M | $1.3M | — | View 990 |
| 2012 | $3.9M | $4.1M | $5.9M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $5.1M, expenses of $4.7M, and assets of $14.8M (revenue +5.1% year-over-year).
- 2023: Revenue of $4.8M, expenses of $4.7M, and assets of $14.3M (revenue +3.5% year-over-year).
- 2022: Revenue of $4.7M, expenses of $3.9M, and assets of $14.6M (revenue +2.2% year-over-year).
- 2021: Revenue of $4.6M, expenses of $4.1M, and assets of $13.3M (revenue -2.9% year-over-year).
- 2020: Revenue of $4.7M, expenses of $4.3M, and assets of $12.5M (revenue +0.8% year-over-year).
- 2019: Revenue of $4.7M, expenses of $4.2M, and assets of $10.0M (revenue +3.0% year-over-year).
- 2018: Revenue of $4.6M, expenses of $3.9M, and assets of $9.5M (revenue +1.6% year-over-year).
- 2017: Revenue of $4.5M, expenses of $4.2M, and assets of $8.5M (revenue +1.0% year-over-year).
- 2016: Revenue of $4.4M, expenses of $4.1M, and assets of $8.4M (revenue +3.0% year-over-year).
- 2015: Revenue of $4.3M, expenses of $3.9M, and assets of $7.0M (revenue +0.6% year-over-year).
- 2014: Revenue of $4.3M, expenses of $4.0M, and assets of $6.4M (revenue +4.0% year-over-year).
- 2013: Revenue of $4.1M, expenses of $4.2M, and assets of $6.1M (revenue +4.2% year-over-year).
- 2012: Revenue of $3.9M, expenses of $4.1M, and assets of $5.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Port Jefferson Free Library:
Data Sources and Methodology
This transparency report for Port Jefferson Free 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.