Hollidaysburg Area Public Library

Analysis

Hollidaysburg Area Public Library is a registered charity in United States, based in Hollidaysburg, PA. It received its IRS tax-exemption ruling in May 1967, 59 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 June 2023, Hollidaysburg Area Public Library reported income of $244k and spending of $354k, spending 145% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $269k to $244k (-9.1%), an average of -3.1% a year. The sharpest change came in the year to June 2021, when income rose by 82%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hollidaysburg Area Public Library sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within PA. Charities of a similar size with the same main cause include Holliston Scholarship Foundation Inc ($244k), Bellevue Wolverine Boosters ($244k) and Proprietors of the Salem Athenaeum ($244k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 2.5% of the total. Other salaries and wages came to $150k. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m. It reported 10 employees.