Friends of Kreutz Creek Valley Library Center

Analysis

Friends of Kreutz Creek Valley Library Center is a registered charity in United States, based in Hellam, PA. It received its IRS tax-exemption ruling in August 1982, 44 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Kreutz Creek Valley Library Center reported income of $67k and spending of $50k, leaving 26% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $23k to $67k (+193%), an average of +71% a year. The sharpest change came in the year to December 2022, when income rose by 214%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Kreutz Creek Valley Library Center sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within PA. Charities of a similar size with the same main cause include PTA Oregon Congress ($67k), Police Athletic League of Stratford Connecticut Inc ($67k) and New Milford Parent-Teacher Organization Inc ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.