Suffern Free Library

Suffern Free Library maintains strong financial health with consistent revenue growth and no executive compensation.

EIN: 131763816 · Suffern, NY · Updated: 2026-03-28

$3.8MRevenue
$8.9MAssets
95/100Mission Score (Excellent)

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Suffern Free Library Financial Summary
MetricValue
Total Revenue$3.8M
Total Expenses$2.9M
Program Spending90%
CEO/Top Officer Pay$3
Net Assets$7.0M
Transparency Score95/100

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Suffern Free Library Form 990, Revenue, CEO Pay, and IRS Filing Signals

Suffern Free Library is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Suffern Free Library in one place.

Form 990 Filing Summary

14 filing years are available, with latest revenue of $3.7M and expenses of $2.9M.

Revenue and Expenses

Suffern Free Library reported $3.7M in revenue and $2.9M in expenses, a surplus of $735K.

Executive Compensation

Top officer compensation appears as $3 in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

95/100 mission score, 2 red flags, and 5 strengths are shown from structured and AI review.

Is Suffern Free Library Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
14Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Suffern Free Library Expense Deployment
Program services$2.6M (90%)

Across stored filings, Suffern Free Library shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Suffern Free Library Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend90% to programsExcellent
Financial durabilityGrade A14 stored filing years
Peer contextCompare with Healthy Capital District InitiativeNew York and category context

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Suffern Free Library directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Suffern Free Library

Suffern Free Library (EIN: 131763816) is a nonprofit organization based in Suffern, NY. The organization reported total revenue of $3.8M and total assets of $8.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Suffern Free Library's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

55Years Operating
Mid-SizeSize Classification
14Years of Filings
MixedRevenue Trajectory

Suffern Free Library is a mid-size nonprofit that has been operating for 55 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.8%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$3.7M
Total Expenses$2.9M
Surplus / Deficit+$735K
Total Assets$8.2M
Total Liabilities$1.2M
Net Assets$7.0M
Operating Margin20.1%
Debt-to-Asset Ratio14.6%
Months of Reserves33.8 months

Financial Health Grade: A

In 2024, Suffern Free Library reported a surplus of $735K with revenue exceeding expenses, holds 33.8 months of operating reserves (strong position), has a debt-to-asset ratio of 14.6% (very low leverage).

Financial Trends

Over 14 years of filings (2011–2024), Suffern Free Library's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.

YearRevenue ChangeExpense ChangeAsset Change
2024+2.7%+4.0%+4.4%
2023+15.8%-0.2%+5.3%
2022-9.7%+2.0%-1.3%
2021+0.5%-5.4%+3.5%
2020+4.1%-1.6%+2.3%

IRS Tax-Exempt Classification

IRS Classification Codes2300
IRS Ruling Date1971

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Suffern Free Library demonstrates consistent financial health with a steady increase in assets and revenue over the past decade. For instance, assets grew from $7,660,520 in 2015 to $8,209,363 in 2024, while revenue increased from $3,033,446 to $3,653,772 in the same period. The organization consistently spends a high proportion of its expenses on program services, indicating efficient use of funds towards its mission. With no reported officer compensation across all filings, the library exhibits strong financial transparency and a commitment to directing resources to its operational goals rather than executive salaries. The consistent positive net income, such as $735,398 in 2024 ($3,653,772 revenue - $2,918,374 expenses), further solidifies its stable financial position.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Suffern Free 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, Suffern Free 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:

$3.7MTotal Revenue
$2.9MTotal Expenses
$8.2MTotal Assets
$1.2MTotal Liabilities
$7.0MNet Assets
  • The organization reported a surplus of $735K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 14.6%.

Executive Compensation Analysis

Suffern Free Library reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization of its size with over $3 million in annual revenue and nearly $9 million in assets.

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 Suffern Free Library's IRS 990 filings:

  • Unusually low liabilities relative to assets in recent years, potentially indicating a shift in financial structure or reporting, though not necessarily negative.
  • NTEE code is unknown, which can sometimes make it harder to benchmark against similar organizations.

Strengths

The following positive indicators were identified for Suffern Free Library:

  • Consistent revenue growth, increasing from $3,033,446 in 2015 to $3,653,772 in 2024.
  • Steady asset growth, from $7,660,520 in 2015 to $8,209,363 in 2024.
  • Zero reported officer compensation across all filings, indicating high resource allocation to mission.
  • Consistent positive net income, demonstrating financial stability and sustainability.
  • Strong financial health with liabilities decreasing significantly from $4,255,423 in 2015 to $1,197,334 in 2024.

Frequently Asked Questions about Suffern Free Library

Is Suffern Free Library a legitimate charity?

Suffern Free Library (EIN: 131763816) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 14 years of IRS 990 filings on record. Total revenue: $3.8M. 2 red flags identified. 5 strengths noted. Financial health grade: A.

How does Suffern Free Library spend its money?

Suffern Free Library directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Suffern Free Library tax-deductible?

Suffern Free Library is registered as a tax-exempt nonprofit (EIN: 131763816). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Suffern Free Library CEO make?

Suffern Free Library's highest-compensated officer earns $3 annually. The organization reported $3.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

Where is Suffern Free Library located?

Suffern Free Library is headquartered in Suffern, New York and files with the IRS under EIN 131763816.

How many years of IRS 990 filings does Suffern Free Library have?

Suffern Free 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 $3.8M in total revenue.

Is Suffern Free Library a good charity?

Based on the available financial data, Suffern Free Library appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, and a remarkable commitment to directing all resources to its mission by reporting 0% officer compensation.

How has Suffern Free Library's financial health changed over time?

Suffern Free Library's financial health has steadily improved over the past decade. Assets have grown from $7,660,520 in 2015 to $8,209,363 in 2024, and revenue has increased from $3,033,446 to $3,653,772 in the same period, indicating consistent growth and stability.

What is the library's spending efficiency?

The library exhibits high spending efficiency, with a significant portion of its expenses likely dedicated to program services. The absence of officer compensation further suggests that funds are primarily used for the library's operational mission.

Filing History

IRS 990 filing history for Suffern Free Library showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), Suffern Free Library's revenue has grown by 26.5%, moving from $2.9M to $3.7M. Total assets decreased by 6.3% over the same period, from $8.8M to $8.2M. Total functional expenses fell by 3.3%, from $3.0M to $2.9M. In its most recent filing year (2024), Suffern Free Library reported a surplus of $735K, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $8.2M in assets (debt-to-asset ratio: 14.6%), resulting in net assets of $7.0M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $3.7M $2.9M $8.2M $1.2M View 990
2023 $3.6M $2.8M $7.9M $1.6M View 990
2022 $3.1M $2.8M $7.5M $1.9M View 990
2021 $3.4M $2.8M $7.6M $2.3M View 990
2020 $3.4M $2.9M $7.3M $2.7M View 990
2019 $3.3M $3.0M $7.1M $3.0M View 990
2018 $3.1M $3.0M $7.2M $3.3M
2017 $3.1M $2.9M $7.3M $3.6M View 990
2016 $3.1M $2.9M $7.5M $3.9M View 990
2015 $3.0M $2.9M $7.7M $4.3M View 990
2014 $3.0M $2.9M $7.8M $4.5M View 990
2013 $3.0M $2.9M $8.0M $4.8M View 990
2012 $3.0M $3.0M $8.1M $5.1M View 990
2011 $2.9M $3.0M $8.8M $5.8M View 990

Year-by-Year Financial Summary

  • 2024: Revenue of $3.7M, expenses of $2.9M, and assets of $8.2M (revenue +2.7% year-over-year).
  • 2023: Revenue of $3.6M, expenses of $2.8M, and assets of $7.9M (revenue +15.8% year-over-year).
  • 2022: Revenue of $3.1M, expenses of $2.8M, and assets of $7.5M (revenue -9.7% year-over-year).
  • 2021: Revenue of $3.4M, expenses of $2.8M, and assets of $7.6M (revenue +0.5% year-over-year).
  • 2020: Revenue of $3.4M, expenses of $2.9M, and assets of $7.3M (revenue +4.1% year-over-year).
  • 2019: Revenue of $3.3M, expenses of $3.0M, and assets of $7.1M (revenue +3.8% year-over-year).
  • 2018: Revenue of $3.1M, expenses of $3.0M, and assets of $7.2M (revenue +1.6% year-over-year).
  • 2017: Revenue of $3.1M, expenses of $2.9M, and assets of $7.3M (revenue +0.3% year-over-year).
  • 2016: Revenue of $3.1M, expenses of $2.9M, and assets of $7.5M (revenue +1.4% year-over-year).
  • 2015: Revenue of $3.0M, expenses of $2.9M, and assets of $7.7M (revenue -0.2% year-over-year).
  • 2014: Revenue of $3.0M, expenses of $2.9M, and assets of $7.8M (revenue +1.3% year-over-year).
  • 2013: Revenue of $3.0M, expenses of $2.9M, and assets of $8.0M (revenue +0.1% year-over-year).
  • 2012: Revenue of $3.0M, expenses of $3.0M, and assets of $8.1M (revenue +3.7% year-over-year).
  • 2011: Revenue of $2.9M, expenses of $3.0M, and assets of $8.8M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Suffern Free Library:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Suffern 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.

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