Northern Wayne Community Library

Analysis

Northern Wayne Community Library is a registered charity in United States, based in Lakewood, PA. It received its IRS tax-exemption ruling in January 1993, 33 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, Northern Wayne Community Library reported income of $87k and spending of $74k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $87k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northern Wayne Community Library sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within PA. Charities of a similar size with the same main cause include Iron Workers Local No 63 Helps Inc NFP ($87k), Ronald Regan High School Band Booster Club ($87k) and Lincolnview Bible Board ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 101% and program service revenue 0.3% of the total. At year end it held assets of $369k against liabilities of $1,522, net assets of $367k.