Montgomery Area Public Library Association

Analysis

Montgomery Area Public Library Association is a registered charity in United States, based in Montgomery, PA. It received its IRS tax-exemption ruling in May 1986, 40 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, Montgomery Area Public Library Association reported income of $138k and spending of $124k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $136k to $138k (+1.6%), an average of +0.4% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montgomery Area Public Library Association sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within PA. Charities of a similar size with the same main cause include RHS Theatre Boosters ($138k), Shining Starr Learning Academy Inc ($138k) and Rotary Club International ($138k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 1.2% of the total. At year end it held assets of $643k against liabilities of $0, net assets of $643k.