South Country Library
South Country Library maintains stable finances with consistent revenue and no reported officer compensation.
EIN: 112207749 · Bellport, NY · NTEE: B71Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.3M |
| Total Expenses | $3.2M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $5.8M |
| Transparency Score | 85/100 |
Is South Country Library Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
South Country Library directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About South Country Library
South Country Library (EIN: 112207749) is a nonprofit organization based in Bellport, NY, classified under NTEE code B71Z. The organization reported total revenue of $3.3M and total assets of $8.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Country Library's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Country Library is a mid-size nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $3.2M |
| Surplus / Deficit | +$88K |
| Total Assets | $8.7M |
| Total Liabilities | $2.9M |
| Net Assets | $5.8M |
| Operating Margin | 2.7% |
| Debt-to-Asset Ratio | 33.6% |
| Months of Reserves | 32.5 months |
Financial Health Grade: A
In 2024, South Country Library reported a surplus of $88K with revenue exceeding expenses, holds 32.5 months of operating reserves (strong position), has a debt-to-asset ratio of 33.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2012–2024), South Country Library's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +5.5% | +1.0% | +0.1% |
| 2023 | -35.1% | +0.5% | +0.8% |
| 2022 | +54.4% | +3.2% | +24.5% |
| 2021 | -4.2% | -5.8% | +3.2% |
| 2020 | +1.8% | -2.8% | +7.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1980 |
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 South Country Library with a Mission Score of 85 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, South Country 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 $88K, with revenue exceeding expenses.
- Debt-to-asset ratio: 33.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are either unpaid or compensated through other means not categorized as officer compensation, which is highly unusual for an organization of this size with over $3 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.
Red Flags
The following concerns were identified during AI analysis of South Country Library's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization of this size, which might indicate compensation is reported under other expense categories or that key leadership roles are entirely volunteer, warranting further investigation for full transparency.
Strengths
The following positive indicators were identified for South Country Library:
- Consistent revenue and expense management, demonstrating financial stability.
- Significant asset growth over the past decade, from $6.1M to $8.7M, indicating strong financial health.
- No reported officer compensation, suggesting a high dedication to mission-focused spending and low administrative overhead at the executive level.
- Generally operates with a surplus, as seen in 202406 (Revenue $3.3M, Expenses $3.2M), allowing for reinvestment or reserve building.
Frequently Asked Questions about South Country Library
Is South Country Library a legitimate charity?
Based on AI analysis of IRS 990 filings, South Country Library (EIN: 112207749) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does South Country Library spend its money?
South Country Library directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to South Country Library tax-deductible?
South Country Library is registered as a tax-exempt nonprofit (EIN: 112207749). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the South Country Library CEO make?
South Country Library's highest-compensated officer earns $3 annually. The organization reported $3.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does South Country Library compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), South Country 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 South Country Library located?
South Country Library is headquartered in Bellport, New York and files with the IRS under EIN 112207749. It is classified under NTEE code B71Z.
How many years of IRS 990 filings does South Country Library have?
South Country 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 $3.3M in total revenue.
Is South Country Library a good charity?
Based on the available IRS 990 data, South Country Library appears to be a well-managed organization with stable finances, consistent revenue, and a strong commitment to minimizing executive compensation (reported as 0%). Its asset growth and efficient spending patterns suggest good stewardship of funds.
How has South Country Library's financial health changed over time?
South Country Library has shown consistent financial health over the past decade. Revenue and expenses have remained stable, generally around $3 million annually, with a notable increase in assets from $6.1 million in 2015 to $8.7 million in 2024, indicating steady growth and financial stability.
What is the trend in the organization's assets and liabilities?
Assets have shown a consistent upward trend, growing from $6,107,340 in 201506 to $8,703,122 in 202406. Liabilities have also increased over the same period, from $1,585,889 to $2,927,344, but the asset growth outpaces the liability growth, maintaining a healthy financial position.
Filing History
IRS 990 filing history for South Country Library showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), South Country Library's revenue has grown by 17.4%, moving from $2.8M to $3.3M. Total assets increased by 28.5% over the same period, from $6.8M to $8.7M. Total functional expenses rose by 9.7%, from $2.9M to $3.2M. In its most recent filing year (2024), South Country Library reported a surplus of $88K, with revenue exceeding expenses. The organization holds $2.9M in liabilities against $8.7M in assets (debt-to-asset ratio: 33.6%), resulting in net assets of $5.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $3.3M | $3.2M | $8.7M | $2.9M | — | — |
| 2023 | $3.1M | $3.2M | $8.7M | $3.0M | — | View 990 |
| 2022 | $4.8M | $3.2M | $8.6M | $2.9M | — | View 990 |
| 2021 | $3.1M | $3.1M | $6.9M | $2.8M | — | View 990 |
| 2020 | $3.3M | $3.3M | $6.7M | $2.7M | — | View 990 |
| 2019 | $3.2M | $3.3M | $6.3M | $2.2M | — | View 990 |
| 2018 | $3.1M | $3.1M | $6.2M | $2.0M | — | View 990 |
| 2017 | $3.1M | $3.0M | $6.1M | $1.3M | — | View 990 |
| 2016 | $3.1M | $2.9M | $6.1M | $1.4M | — | View 990 |
| 2015 | $3.0M | $2.9M | $6.1M | $1.6M | — | View 990 |
| 2014 | $3.0M | $2.9M | $6.2M | $1.7M | — | View 990 |
| 2013 | $2.8M | $2.9M | $6.3M | $1.9M | — | View 990 |
| 2012 | $2.8M | $2.9M | $6.8M | $2.3M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $3.3M, expenses of $3.2M, and assets of $8.7M (revenue +5.5% year-over-year).
- 2023: Revenue of $3.1M, expenses of $3.2M, and assets of $8.7M (revenue -35.1% year-over-year).
- 2022: Revenue of $4.8M, expenses of $3.2M, and assets of $8.6M (revenue +54.4% year-over-year).
- 2021: Revenue of $3.1M, expenses of $3.1M, and assets of $6.9M (revenue -4.2% year-over-year).
- 2020: Revenue of $3.3M, expenses of $3.3M, and assets of $6.7M (revenue +1.8% year-over-year).
- 2019: Revenue of $3.2M, expenses of $3.3M, and assets of $6.3M (revenue +1.8% year-over-year).
- 2018: Revenue of $3.1M, expenses of $3.1M, and assets of $6.2M (revenue +1.7% year-over-year).
- 2017: Revenue of $3.1M, expenses of $3.0M, and assets of $6.1M (revenue -0.2% year-over-year).
- 2016: Revenue of $3.1M, expenses of $2.9M, and assets of $6.1M (revenue +2.7% year-over-year).
- 2015: Revenue of $3.0M, expenses of $2.9M, and assets of $6.1M (revenue +1.4% year-over-year).
- 2014: Revenue of $3.0M, expenses of $2.9M, and assets of $6.2M (revenue +4.7% year-over-year).
- 2013: Revenue of $2.8M, expenses of $2.9M, and assets of $6.3M (revenue +1.1% year-over-year).
- 2012: Revenue of $2.8M, expenses of $2.9M, and assets of $6.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South Country Library:
Data Sources and Methodology
This transparency report for South Country 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.