Riverside Public Library Assoc

Analysis

Riverside Public Library Assoc is a registered charity in United States, based in Riverside, NJ. It received its IRS tax-exemption ruling in October 1973, 53 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 December 2023, Riverside Public Library Assoc reported income of $55k and spending of $73k, spending 134% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $75k to $55k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 122% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Riverside Public Library Assoc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 28th percentile within NJ. Charities of a similar size with the same main cause include Honesdale Communities That Care Inc ($55k), Bud Beasley Elementary PTO ($55k) and Gordon Lee Highschool Athletic Boosters Association Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 51% of the total. At year end it held assets of $154k against liabilities of $0, net assets of $154k.