Easttown Library Foundation

Analysis

Easttown Library Foundation is a registered charity in United States, based in Berwyn, PA. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Easttown Library Foundation reported income of $257k and spending of $170k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $206k to $257k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 56% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Easttown Library Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within PA. Charities of a similar size with the same main cause include Good Fight Foundation Inc ($257k), Aleh Lemaala Inc ($257k) and Langham Creek Athletic Booster Club ($257k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $1.6m against liabilities of $2,750, net assets of $1.6m.