Ashland Public Library

Analysis

Ashland Public Library is a registered charity in United States, based in Ashland, PA. It received its IRS tax-exemption ruling in September 1951, 75 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, Ashland Public Library reported income of $127k and spending of $91k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $136k to $127k (-6.2%), an average of -6.2% a year. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ashland Public Library sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within PA. Charities of a similar size with the same main cause include C a S a - Children Worth Saving Inc ($127k), Kalamazoo Eastside Neighborhood Association ($127k) and Habitat for Humanity International Inc ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 3.5% of the total. At year end it held assets of $310k against liabilities of $1,486, net assets of $309k.