Joseph T Simpson Public Library

Analysis

Joseph T Simpson Public Library is a registered charity in United States, based in Mechanicsburg, PA. It received its IRS tax-exemption ruling in February 1970, 56 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, Joseph T Simpson Public Library reported income of $2.0m and spending of $1.1m, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $933k to $2.0m (+111%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Joseph T Simpson Public Library sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Clare Towers Inc ($2.0m), Small Business Utility Advocates ($2.0m) and Rebuilding Together-Nashville ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 3.0% of the total. Other salaries and wages came to $600k. At year end it held assets of $6.8m against liabilities of $136k, net assets of $6.7m. It reported 40 employees.