Media-Upper Providence Free Library Association

Analysis

Media-Upper Providence Free Library Association is a registered charity in United States, based in Media, PA. It received its IRS tax-exemption ruling in May 2007, 19 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 December 2023, Media-Upper Providence Free Library Association reported income of $571k and spending of $607k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $511k to $571k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Media-Upper Providence Free Library Association sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within PA. Charities of a similar size with the same main cause include Kupat Hakodesh Inc ($571k), Champlain Valley Christian School Association Inc ($571k) and Montclair Free Public Library Foundation Inc ($571k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $88k (15% of expenses). Other salaries and wages came to $225k. At year end it held assets of $3.3m against liabilities of $1.0m, net assets of $2.3m. It reported 17 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.