North Pocono Public Library

Analysis

North Pocono Public Library is a registered charity in United States, based in Moscow, PA. It received its IRS tax-exemption ruling in November 1985, 41 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, North Pocono Public Library reported income of $598k and spending of $667k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $460k to $598k (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Pocono Public Library sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within PA. Charities of a similar size with the same main cause include Missionary Companion Ministries Inc ($598k), Cecil Avenue Apartments Inc ($598k) and McKinney Boys Baseball Inc ($598k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $51k (7.7% of expenses). Other salaries and wages came to $237k. At year end it held assets of $2.7m against liabilities of $2.0m, net assets of $686k. It reported 12 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.