Conshohocken Free Library

Analysis

Conshohocken Free Library is a registered charity in United States, based in Conshohocken, PA. It received its IRS tax-exemption ruling in July 1943, 83 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, Conshohocken Free Library reported income of $101k and spending of $101k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $90k to $101k (+12%), an average of +2.8% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Conshohocken Free Library sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within PA. Charities of a similar size with the same main cause include Concerns of Police Survivors ($101k), West Ottawa Public Schools Educational Foundation ($101k) and Sapulpa Historical Society Inc ($101k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 3.8% of the total. At year end it held assets of $493k against liabilities of $17k, net assets of $477k.