J Lewis Crozer Library

Analysis

J Lewis Crozer Library is a registered charity in United States, based in Chester, PA. It received its IRS tax-exemption ruling in March 1937, 89 years ago. 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, J Lewis Crozer Library reported income of $603k and spending of $647k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $596k to $603k (+1.2%), an average of +0.3% a year. The sharpest change came in the year to December 2020, when income rose by 57%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, J Lewis Crozer Library sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within PA. Charities of a similar size with the same main cause include Northern Illinois Justice for Our Neighbors ($603k), Alexandria Area Arts Association Inc ($603k) and Destiny Community Development Corporation ($603k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $347k (54% of expenses). At year end it held assets of $1.9m against liabilities of $6,768, net assets of $1.9m. It reported 9 employees.