Riegelsville Public Library

Analysis

Riegelsville Public Library is a registered charity in United States, based in Riegelsville, PA. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Riegelsville Public Library reported income of $93k and spending of $89k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $93k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Riegelsville Public Library sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within PA. Charities of a similar size with the same main cause include General W Sikorski Polish School ($93k), Oak Park High School Parent Faculty Association ($93k) and McKinley Parent Teacher Organization ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 1.9% of the total. At year end it held assets of $243k against liabilities of $22k, net assets of $221k.