Fallsington Library Co

Analysis

Fallsington Library Co is a registered charity in United States, based in Levittown, PA. It received its IRS tax-exemption ruling in November 1999, 27 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, Fallsington Library Co reported income of $112k and spending of $104k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $101k to $112k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fallsington Library Co 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 40th percentile, and in the 38th percentile within PA. Charities of a similar size with the same main cause include Colorado Institute for Classical Homeopathy ($112k), Central Texas Tamil Academy ($112k) and Uas7 New York Inc ($112k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $40k (38% of expenses). Other salaries and wages came to $21k. At year end it held assets of $1.0m against liabilities of $213, net assets of $1.0m. It reported 8 employees.