Richland Community Library

Analysis

Richland Community Library is a registered charity in United States, based in Richland, PA. It received its IRS tax-exemption ruling in August 1990, 36 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, Richland Community Library reported income of $81k and spending of $143k, spending 175% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $64k to $81k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 163% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Richland Community Library sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within PA. Charities of a similar size with the same main cause include Society for Commercial Archeology Inc ($81k), Bristol County Chiefs of Police Association Inc ($82k) and Hampton Historical Society ($81k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 2.4% of the total. Other salaries and wages came to $84k. At year end it held assets of $247k against liabilities of $0, net assets of $247k. It reported 7 employees.