Rachel Kohl Community Library

Analysis

Rachel Kohl Community Library is a registered charity in United States, based in Glen Mills, PA. It received its IRS tax-exemption ruling in October 1981, 45 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, Rachel Kohl Community Library reported income of $520k and spending of $471k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $552k to $520k (-5.8%), an average of -1.5% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rachel Kohl Community Library sits at the 69th percentile: it is larger than about 69% 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 Childrens Preschool Inc ($520k), Princeton Community Japanese Language School ($520k) and Feed and Clothe My People of Door County Inc ($520k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 4.4% of the total. Compensation of current officers, directors and key employees was $85k (18% of expenses). Other salaries and wages came to $189k. At year end it held assets of $1.2m against liabilities of $161k, net assets of $1.1m. It reported 11 employees.