Annville Free Library

Analysis

Annville Free Library is a registered charity in United States, based in Annville, PA. It received its IRS tax-exemption ruling in May 1971, 55 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, Annville Free Library reported income of $1.5m and spending of $3.1m, spending 200% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $233k to $1.5m (+558%), an average of +60% a year. The sharpest change came in the year to December 2020, when income rose by 198%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Annville Free Library sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within PA. Charities of a similar size with the same main cause include Baptist Community Affordable Housing Foundation ($1.5m), Mayhew ($1.5m) and Premier Capital Corporation ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.6% of the total. Other salaries and wages came to $139k. At year end it held assets of $631k against liabilities of $3,466, net assets of $627k. It reported 9 employees.