Coatesville Public Library Association

Analysis

Coatesville Public Library Association is a registered charity in United States, based in Coatesville, PA. It received its IRS tax-exemption ruling in April 1959, 67 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, Coatesville Public Library Association reported income of $438k and spending of $380k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $300k to $438k (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2020, when income rose by 147%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Coatesville Public Library Association sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within PA. Charities of a similar size with the same main cause include Art Libraries Society of North America ($438k), North Idaho Community Services Corporation ($438k) and Community Housing Services ($438k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $59k (16% of expenses). Other salaries and wages came to $146k. At year end it held assets of $336k against liabilities of $0, net assets of $336k. It reported 18 employees.