Darby Library Co

Analysis

Darby Library Co is a registered charity in United States, based in Darby, PA. It received its IRS tax-exemption ruling in June 2015, 11 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, Darby Library Co reported income of $183k and spending of $108k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $183k (+116%), an average of +116% a year. The sharpest change came in the year to December 2023, when income rose by 116%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Darby Library Co sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within PA. Charities of a similar size with the same main cause include John F Kennedy Middle School Expeditionary Education Foundation ($183k), Black Nurses Rock Foundation ($183k) and Denver Cyclone Scholarship Foundation ($183k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 1.6% of the total. At year end it held assets of $314k against liabilities of $250, net assets of $314k.