Moores Memorial Library

Analysis

Moores Memorial Library is a registered charity in United States, based in Christiana, PA. It received its IRS tax-exemption ruling in April 2003, 23 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, Moores Memorial Library reported income of $115k and spending of $151k, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $103k to $115k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2020, when income rose by 35%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Moores Memorial Library sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 38th percentile within PA. Charities of a similar size with the same main cause include Eastern Group Psychotherapy Society Inc ($115k), Fairfield Community High School Foundation ($115k) and Changing Expectations Corp ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 5.0% of the total. Compensation of current officers, directors and key employees was $41k (27% of expenses). Other salaries and wages came to $22k. At year end it held assets of $1.0m against liabilities of $1,192, net assets of $1.0m. It reported 9 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.