Village Library

Analysis

Village Library is a registered charity in United States, based in Morgantown, PA. It received its IRS tax-exemption ruling in March 1992, 34 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, Village Library reported income of $125k and spending of $119k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $137k to $125k (-8.3%), an average of -8.3% a year. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Village Library sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within PA. Charities of a similar size with the same main cause include Talley Mark ($125k), Parent Booster USA Inc ($125k) and Lara Educational Opportunities Inc ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 4.8% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.