Woodstown-Pilesgrove Library Association

Analysis

Woodstown-Pilesgrove Library Association is a registered charity in United States, based in Woodstown, NJ. It received its IRS tax-exemption ruling in April 1965, 61 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 March 2024, Woodstown-Pilesgrove Library Association reported income of $69k and spending of $56k, spending 80% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $69k to $69k (+1.0%), an average of +0.3% a year. The sharpest change came in the year to March 2023, when income rose by 31%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Woodstown-Pilesgrove Library Association sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 35th percentile within NJ. Charities of a similar size with the same main cause include Writespace ($69k), Institute for Promotion of Vediceducation and Culture Inc ($69k) and Plant City Rotary Foundation Inc ($69k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 33% and program service revenue 4.5% of the total. Other salaries and wages came to $9,678. At year end it held assets of $1.5m against liabilities of $129, net assets of $1.5m. It reported 2 employees.