Cumberland County Library Systemfoundation

Analysis

Cumberland County Library Systemfoundation is a registered charity in United States, based in Mechanicsburg, PA. It received its IRS tax-exemption ruling in October 2007, 19 years ago. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cumberland County Library Systemfoundation reported income of $55k and spending of $37k, leaving 33% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $46k to $55k (+18%), an average of +8.8% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cumberland County Library Systemfoundation sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within PA. Charities of a similar size with the same main cause include Little League Baseball Inc ($55k), Little League Baseball Inc ($55k) and South Carolina Congress of Parents and Teachers ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $58k against liabilities of $821, net assets of $57k.