Elizabethtown Public Library

Analysis

Elizabethtown Public Library is a registered charity in United States, based in Elizabethtown, PA. It received its IRS tax-exemption ruling in April 1960, 66 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, Elizabethtown Public Library reported income of $751k and spending of $821k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $724k to $751k (+3.7%), an average of +0.9% a year. The sharpest change came in the year to December 2021, when income dropped by 20%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Elizabethtown Public Library sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include Calvary Chapel School Inc ($751k), Marshalltown Christian School ($751k) and Robertson Child Development Center Inc ($751k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $63k (7.6% of expenses). Other salaries and wages came to $298k. At year end it held assets of $2.4m against liabilities of $304k, net assets of $2.1m. It reported 26 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.