Snyder County Libraries Inc

Analysis

Snyder County Libraries Inc is a registered charity in United States, based in Selinsgrove, PA. It received its IRS tax-exemption ruling in August 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, Snyder County Libraries Inc reported income of $524k and spending of $627k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $472k to $524k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 117% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Snyder County Libraries Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Imagine Scholar Inc ($524k), Arrow Education Foundation Inc ($524k) and River Mist Inc ($524k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $73k (12% of expenses). Other salaries and wages came to $208k. At year end it held assets of $4.0m against liabilities of $672k, net assets of $3.3m.

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.