Dr Rita C Schiavo Memorial Library and Museum

Analysis

Dr Rita C Schiavo Memorial Library and Museum is a registered charity in United States, based in Strathmere, NJ. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Dr Rita C Schiavo Memorial Library and Museum reported income of $66k and spending of $84k, spending 127% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $74k to $66k (-12%), an average of -6.0% a year. Over the whole period it spent 117% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dr Rita C Schiavo Memorial Library and Museum sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 33rd percentile within NJ. Charities of a similar size with the same main cause include Cisd Educational Support Groups Inc ($66k), Dyslexia Reading Center of Central Pennsylvania Inc ($66k) and Montgomery Middle School Parent Teacher Organization ($66k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 91% of the total. At year end it held assets of $326k against liabilities of $1,621, net assets of $325k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.