Shippensburg Public Library

Analysis

Shippensburg Public Library is a registered charity in United States, based in Shippensburg, PA. It received its IRS tax-exemption ruling in August 1978, 48 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, Shippensburg Public Library reported income of $1.1m and spending of $1.1m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $838k to $1.1m (+34%), an average of +7.7% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shippensburg Public Library sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within PA. Charities of a similar size with the same main cause include Alsion Montessori Foundation ($1.1m), Vanguard School of Coconut Grove Florida Inc ($1.1m) and Astra Society International ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $56k (5.3% of expenses). Other salaries and wages came to $271k. At year end it held assets of $3.1m against liabilities of $0, net assets of $3.1m. It reported 27 employees.