West Chester Library Association West Chester Public Library

Analysis

West Chester Library Association West Chester Public Library is a registered charity in United States, based in West Chester, PA. It received its IRS tax-exemption ruling in April 1941, 85 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, West Chester Library Association West Chester Public Library reported income of $672k and spending of $608k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $554k to $672k (+21%), an average of +5.0% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Chester Library Association West Chester Public Library sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include Boy Scouts of America ($672k), Berkeley County Congregational Cooperative Action Project Inc ($672k) and Domestic Violence Initiative for Women with Disabilities ($672k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $95k (16% of expenses). Other salaries and wages came to $254k. At year end it held assets of $1.3m against liabilities of $394k, net assets of $944k. It reported 28 employees.