Westhampton Free Library
Westhampton Free Library maintains stable operations with declining assets and liabilities, and no reported officer compensation.
EIN: 111672825 · W Hampton Bch, NY · NTEE: B700 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.8M |
| Total Expenses | $3.7M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $7.9M |
| Transparency Score | 85/100 |
Is Westhampton Free Library Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Westhampton Free Library directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Westhampton Free Library
Westhampton Free Library (EIN: 111672825) is a nonprofit organization based in W Hampton Bch, NY, classified under NTEE code B700. The organization reported total revenue of $3.8M and total assets of $9.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Westhampton Free Library's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Westhampton Free Library is a mid-size nonprofit that has been operating for 51 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.7M |
| Total Expenses | $3.7M |
| Surplus / Deficit | $-9,823 |
| Total Assets | $9.4M |
| Total Liabilities | $1.5M |
| Net Assets | $7.9M |
| Operating Margin | -0.3% |
| Debt-to-Asset Ratio | 16.1% |
| Months of Reserves | 30.6 months |
Financial Health Grade: B
In 2024, Westhampton Free Library reported a deficit of $10K with expenses exceeding revenue, holds 30.6 months of operating reserves (strong position), has a debt-to-asset ratio of 16.1% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Westhampton Free Library's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +8.1% | +2.0% | -5.8% |
| 2023 | +1.6% | +10.3% | -5.2% |
| 2022 | +2.6% | +3.6% | -2.8% |
| 2021 | -8.9% | +2.4% | -2.6% |
| 2020 | +12.8% | +3.8% | +0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1975 |
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 Westhampton Free 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: 85%
- fundraising: 5%
According to IRS 990 filings, Westhampton 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 deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 16.1%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is unusual for an organization of this size with annual expenses exceeding $3 million. While it suggests a lack of direct compensation to named officers, it warrants further inquiry to understand how leadership is compensated or if these roles are entirely volunteer-based.
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 Westhampton Free Library's IRS 990 filings:
- Consistent 0% officer compensation reported, which may obscure actual leadership compensation if not volunteer-based.
- Slight operating deficits in recent years (e.g., 202406 and 202306) where expenses exceeded revenue.
Strengths
The following positive indicators were identified for Westhampton Free Library:
- Significant reduction in liabilities from $6,019,369 in 2015 to $1,511,685 in 2024, indicating strong debt management.
- Stable revenue generation over the past decade, consistently above $3 million annually.
- Clear mission as a library (NTEE B700) suggests a strong program focus.
- Consistent filing history (13 filings) demonstrates good compliance and transparency in reporting.
Frequently Asked Questions about Westhampton Free Library
Is Westhampton Free Library a legitimate charity?
Based on AI analysis of IRS 990 filings, Westhampton Free Library (EIN: 111672825) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Westhampton Free Library spend its money?
Westhampton Free Library directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Westhampton Free Library tax-deductible?
Westhampton Free Library is registered as a tax-exempt nonprofit (EIN: 111672825). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Westhampton Free Library CEO make?
Westhampton 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.
What percentage of Westhampton Free Library's spending goes to programs?
Westhampton Free Library directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Westhampton Free Library compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Westhampton Free 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 Westhampton Free Library located?
Westhampton Free Library is headquartered in W Hampton Bch, New York and files with the IRS under EIN 111672825. It is classified under NTEE code B700.
How many years of IRS 990 filings does Westhampton Free Library have?
Westhampton 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 $3.8M in total revenue.
How are the top executives or key employees compensated if 'Officer Comp' is consistently reported as 0%?
The IRS 990 filings consistently show 0% for officer compensation. This could mean that the highest-ranking individuals are volunteers, or their compensation is categorized differently within the filing, such as 'salaries and wages' for non-officer key employees, which would require a deeper dive into the full 990 form to ascertain.
What is the reason for the gradual decline in total assets from $12.5 million in 2015 to $9.3 million in 2024?
The decline in assets from $12,548,120 in 201506 to $9,374,626 in 202406 could be due to various factors, including depreciation of physical assets, strategic asset divestment, or changes in investment portfolio values. Concurrently, liabilities have also significantly decreased, suggesting a potential shift in financial strategy or debt repayment.
Is the organization's current revenue sufficient to cover its expenses sustainably?
In recent periods, revenues have been very close to expenses. For example, in 202406, revenue was $3,665,262 against expenses of $3,675,085, indicating a slight deficit. In 202306, expenses exceeded revenue by over $200,000. While not a large deficit, consistent small deficits could impact long-term sustainability if not addressed.
Filing History
IRS 990 filing history for Westhampton Free Library showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Westhampton Free Library's revenue has grown by 31.7%, moving from $2.8M to $3.7M. Total assets decreased by 12.4% over the same period, from $10.7M to $9.4M. Total functional expenses rose by 47.6%, from $2.5M to $3.7M. In its most recent filing year (2024), Westhampton Free Library reported a deficit of $10K, with expenses exceeding revenue. The organization holds $1.5M in liabilities against $9.4M in assets (debt-to-asset ratio: 16.1%), resulting in net assets of $7.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $3.7M | $3.7M | $9.4M | $1.5M | — | View 990 |
| 2023 | $3.4M | $3.6M | $10.0M | $2.1M | — | — |
| 2022 | $3.3M | $3.3M | $10.5M | $2.4M | — | View 990 |
| 2021 | $3.3M | $3.2M | $10.8M | $2.8M | — | View 990 |
| 2020 | $3.6M | $3.1M | $11.1M | $3.2M | — | View 990 |
| 2019 | $3.2M | $3.0M | $11.0M | $3.6M | — | View 990 |
| 2018 | $3.2M | $2.9M | $11.2M | $4.0M | — | View 990 |
| 2017 | $3.2M | $2.8M | $12.3M | $5.4M | — | View 990 |
| 2016 | $3.0M | $2.9M | $12.3M | $5.7M | — | View 990 |
| 2015 | $2.9M | $2.6M | $12.5M | $6.0M | — | View 990 |
| 2014 | $2.9M | $2.6M | $12.5M | $6.4M | — | View 990 |
| 2013 | $4.0M | $2.5M | $11.9M | $6.5M | — | View 990 |
| 2012 | $2.8M | $2.5M | $10.7M | $6.8M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $3.7M, expenses of $3.7M, and assets of $9.4M (revenue +8.1% year-over-year).
- 2023: Revenue of $3.4M, expenses of $3.6M, and assets of $10.0M (revenue +1.6% year-over-year).
- 2022: Revenue of $3.3M, expenses of $3.3M, and assets of $10.5M (revenue +2.6% year-over-year).
- 2021: Revenue of $3.3M, expenses of $3.2M, and assets of $10.8M (revenue -8.9% year-over-year).
- 2020: Revenue of $3.6M, expenses of $3.1M, and assets of $11.1M (revenue +12.8% year-over-year).
- 2019: Revenue of $3.2M, expenses of $3.0M, and assets of $11.0M (revenue -0.9% year-over-year).
- 2018: Revenue of $3.2M, expenses of $2.9M, and assets of $11.2M (revenue +1.1% year-over-year).
- 2017: Revenue of $3.2M, expenses of $2.8M, and assets of $12.3M (revenue +6.8% year-over-year).
- 2016: Revenue of $3.0M, expenses of $2.9M, and assets of $12.3M (revenue +0.7% year-over-year).
- 2015: Revenue of $2.9M, expenses of $2.6M, and assets of $12.5M (revenue +2.4% year-over-year).
- 2014: Revenue of $2.9M, expenses of $2.6M, and assets of $12.5M (revenue -28.9% year-over-year).
- 2013: Revenue of $4.0M, expenses of $2.5M, and assets of $11.9M (revenue +45.1% year-over-year).
- 2012: Revenue of $2.8M, expenses of $2.5M, and assets of $10.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Westhampton Free Library:
Data Sources and Methodology
This transparency report for Westhampton 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.