Springfield Township Library

Analysis

Springfield Township Library is a registered charity in United States, based in Springfield, PA. It received its IRS tax-exemption ruling in November 1995, 31 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, Springfield Township Library reported income of $734k and spending of $670k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $743k to $734k (-1.2%), an average of -0.3% a year. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Springfield Township Library sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include Association of Christain Teachers & Schools ($734k), Just the Beginning - a Pipeline Organization ($734k) and Coalescion ($734k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.6% of the total. Other salaries and wages came to $476k. At year end it held assets of $860k against liabilities of $126k, net assets of $734k. It reported 14 employees.