Adams County Library System

Analysis

Adams County Library System is a registered charity in United States, based in Gettysburg, PA. It received its IRS tax-exemption ruling in May 1961, 65 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Adams County Library System reported income of $2.9m and spending of $2.8m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $2.9m (+2.8%), an average of +0.7% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Adams County Library System sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within PA. Charities of a similar size with the same main cause include Regional Parks Foundation ($2.9m), The California Museum of History Women and the Arts ($2.9m) and Amvets ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $159k (5.7% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $12.3m against liabilities of $1.2m, net assets of $11.1m. It reported 53 employees.