Boone Area Library Inc

Analysis

Boone Area Library Inc is a registered charity in United States, based in Birdsboro, PA. It received its IRS tax-exemption ruling in April 1992, 34 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, Boone Area Library Inc reported income of $214k and spending of $232k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $175k to $214k (+22%), an average of +5.2% a year. The sharpest change came in the year to December 2020, when income rose by 16%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boone Area Library Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within PA. Charities of a similar size with the same main cause include Little League Baseball Inc ($214k), Christian Ministries of Delaware County Inc ($214k) and Western New York Railway Historical Society Inc ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 1.8% of the total. Other salaries and wages came to $117k. At year end it held assets of $231k against liabilities of $56k, net assets of $175k. It reported 11 employees.