Wayne County Public Library Inc

Analysis

Wayne County Public Library Inc is a registered charity in United States, based in Honesdale, PA. It received its IRS tax-exemption ruling in March 1990, 36 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, Wayne County Public Library Inc reported income of $523k and spending of $533k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $448k to $523k (+17%), an average of +3.9% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wayne County Public Library Inc 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 Cave Conservancy Foundation ($523k), Basic Assistance to Students in the Community ($523k) and National Church Residences of ($522k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.5m against liabilities of $135, net assets of $1.5m.