Mahanoy City Public Library Association

Analysis

Mahanoy City Public Library Association is a registered charity in United States, based in Mahanoy City, PA. It received its IRS tax-exemption ruling in April 2009, 17 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, Mahanoy City Public Library Association reported income of $144k and spending of $102k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $144k (+85%), an average of +85% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mahanoy City Public Library Association sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within PA. Charities of a similar size with the same main cause include Broadneck Music Boosters Inc ($144k), Trevor Lee Chesson Memorial Marsh Fest ($144k) and New Lexington High School Alumni Association ($144k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $236k against liabilities of $0, net assets of $236k.