York Public Library Association Inc

York Public Library Association maintains strong assets despite recent operating deficits and reports no officer compensation.

EIN: 10360256 · York, ME · Updated: 2026-03-28

$1.2MRevenue
$7.1MAssets
85/100Mission Score (Excellent)
York Public Library Association Inc Financial Summary
MetricValue
Total Revenue$1.2M
Total Expenses$1.2M
Program Spending80%
CEO/Top Officer Pay$1
Net Assets$6.7M
Transparency Score85/100

Is York Public Library Association Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

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

York Public Library Association Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About York Public Library Association Inc

York Public Library Association Inc (EIN: 10360256) is a nonprofit organization based in York, ME. The organization reported total revenue of $1.2M and total assets of $7.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of York Public Library Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

47Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

York Public Library Association Inc is a mid-size nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.0M
Total Expenses$1.2M
Surplus / Deficit$-198,599
Total Assets$7.0M
Total Liabilities$270K
Net Assets$6.7M
Operating Margin-19.8%
Debt-to-Asset Ratio3.9%
Months of Reserves69.6 months

Financial Health Grade: B

In 2023, York Public Library Association Inc reported a deficit of $199K with expenses exceeding revenue, holds 69.6 months of operating reserves (strong position), has a debt-to-asset ratio of 3.9% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), York Public Library Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.9%.

YearRevenue ChangeExpense ChangeAsset Change
2023+6.5%+1.9%-1.7%
2022+0.4%+12.2%-9.5%
2021-7.5%+8.7%+5.5%
2020+14.5%+14.1%+0.5%
2019+3.3%+1.6%+6.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1979

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

AI Transparency Report

The York Public Library Association Inc demonstrates consistent financial operations, with revenues generally covering expenses over the past decade. In the latest filing (202306), the organization reported revenues of $1,001,975 against expenses of $1,200,574, indicating a deficit for that period. However, this follows several years of balanced or surplus operations, such as 202006 where revenue exceeded expenses by nearly $47,000. The organization maintains substantial assets, reported at $6,962,766 in 202306, which provides a strong financial cushion. The organization's transparency is commendable, particularly regarding executive compensation. The consistent reporting of 0% officer compensation across all available filings indicates that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for donor confidence. While specific program spending details are not provided in the summary data, the overall financial stability and lack of reported officer compensation suggest a focus on mission delivery. Despite the recent deficit, the library's long-term financial health appears stable, supported by significant assets. The consistent reporting of financial data over 13 periods further enhances its transparency. Donors can be reasonably confident in the organization's stewardship of funds, given its asset base and the absence of executive compensation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates York Public Library Association Inc 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: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, York Public Library Association Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$1.0MTotal Revenue
$1.2MTotal Expenses
$7.0MTotal Assets
$270KTotal Liabilities
$6.7MNet Assets
  • The organization reported a deficit of $199K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 3.9%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer or compensated through non-officer roles, which is highly favorable for a nonprofit of its size with over $1 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 York Public Library Association Inc's IRS 990 filings:

  • Operating deficit in the latest two fiscal periods (202306 and 202206), where expenses exceeded revenue.

Strengths

The following positive indicators were identified for York Public Library Association Inc:

  • Consistent reporting of 0% officer compensation across all filings.
  • Strong and growing asset base, reaching $7,098,402 in latest available data.
  • Long history of IRS 990 filings (13 periods) demonstrating transparency.
  • Generally stable revenue streams over the past decade.

Frequently Asked Questions about York Public Library Association Inc

Is York Public Library Association Inc a legitimate charity?

York Public Library Association Inc (EIN: 10360256) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.2M. 1 red flag identified. 4 strengths noted. Financial health grade: B.

How does York Public Library Association Inc spend its money?

York Public Library Association Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to York Public Library Association Inc tax-deductible?

York Public Library Association Inc is registered as a tax-exempt nonprofit (EIN: 10360256). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the York Public Library Association Inc CEO make?

York Public Library Association Inc's highest-compensated officer earns $1 annually. The organization reported $1.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of York Public Library Association Inc's spending goes to programs?

York Public Library Association Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is York Public Library Association Inc located?

York Public Library Association Inc is headquartered in York, Maine and files with the IRS under EIN 10360256.

How many years of IRS 990 filings does York Public Library Association Inc have?

York Public Library Association Inc 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 $1.2M in total revenue.

Is York Public Library Association Inc financially stable?

Yes, despite an operating deficit in 202306 ($1,001,975 revenue vs. $1,200,574 expenses), the organization holds substantial assets of $6,962,766, indicating strong long-term financial stability.

Does the organization pay its officers?

No, the IRS 990 filings consistently report 0% officer compensation across all available periods, suggesting a volunteer-led or non-compensated officer structure.

How has the organization's revenue trended?

Revenue has fluctuated, with a peak of $1,372,322 in 201706 and a recent trend around $900,000 to $1,000,000, showing some variability but generally stable funding.

What is the organization's asset base?

The organization maintains a strong asset base, reported at $6,962,766 in 202306, providing significant financial reserves.

Filing History

IRS 990 filing history for York Public Library Association Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), York Public Library Association Inc's revenue has grown by 77%, moving from $566K to $1.0M. Total assets increased by 19.8% over the same period, from $5.8M to $7.0M. Total functional expenses rose by 100.1%, from $600K to $1.2M. In its most recent filing year (2023), York Public Library Association Inc reported a deficit of $199K, with expenses exceeding revenue. The organization holds $270K in liabilities against $7.0M in assets (debt-to-asset ratio: 3.9%), resulting in net assets of $6.7M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.0M $1.2M $7.0M $270K View 990
2022 $941K $1.2M $7.1M $337K View 990
2021 $937K $1.0M $7.8M $354K View 990
2020 $1.0M $966K $7.4M $438K View 990
2019 $884K $846K $7.4M $419K View 990
2018 $856K $833K $6.9M $31K View 990
2017 $1.4M $753K $6.8M $57K View 990
2016 $694K $637K $6.1M $16K View 990
2015 $637K $638K $6.0M $14K View 990
2014 $617K $622K $6.0M $2K View 990
2013 $597K $586K $5.9M $12K View 990
2012 $584K $587K $5.8M $6K View 990
2011 $566K $600K $5.8M $13K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $1.0M, expenses of $1.2M, and assets of $7.0M (revenue +6.5% year-over-year).
  • 2022: Revenue of $941K, expenses of $1.2M, and assets of $7.1M (revenue +0.4% year-over-year).
  • 2021: Revenue of $937K, expenses of $1.0M, and assets of $7.8M (revenue -7.5% year-over-year).
  • 2020: Revenue of $1.0M, expenses of $966K, and assets of $7.4M (revenue +14.5% year-over-year).
  • 2019: Revenue of $884K, expenses of $846K, and assets of $7.4M (revenue +3.3% year-over-year).
  • 2018: Revenue of $856K, expenses of $833K, and assets of $6.9M (revenue -37.7% year-over-year).
  • 2017: Revenue of $1.4M, expenses of $753K, and assets of $6.8M (revenue +97.8% year-over-year).
  • 2016: Revenue of $694K, expenses of $637K, and assets of $6.1M (revenue +8.9% year-over-year).
  • 2015: Revenue of $637K, expenses of $638K, and assets of $6.0M (revenue +3.2% year-over-year).
  • 2014: Revenue of $617K, expenses of $622K, and assets of $6.0M (revenue +3.4% year-over-year).
  • 2013: Revenue of $597K, expenses of $586K, and assets of $5.9M (revenue +2.2% year-over-year).
  • 2012: Revenue of $584K, expenses of $587K, and assets of $5.8M (revenue +3.2% year-over-year).
  • 2011: Revenue of $566K, expenses of $600K, and assets of $5.8M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for York Public Library Association Inc:

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 York Public Library Association Inc 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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