Allentown Public Library Association

Analysis

Allentown Public Library Association is a registered charity in United States, based in Allentown, NJ. It received its IRS tax-exemption ruling in January 1977, 49 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, Allentown Public Library Association reported income of $96k and spending of $88k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $70k to $96k (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Allentown Public Library Association sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 44th percentile within NJ. Charities of a similar size with the same main cause include Parent Booster USA Inc ($96k), North America World Literacy Foundation ($96k) and Saint Joseph School Foundation ($96k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% of the total. At year end it held assets of $559k against liabilities of $1,208, net assets of $557k.