Lower Macungie Library Inc

Analysis

Lower Macungie Library Inc is a registered charity in United States, based in Macungie, PA. It received its IRS tax-exemption ruling in January 2001, 25 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, Lower Macungie Library Inc reported income of $815k and spending of $793k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $699k to $815k (+17%), an average of +3.9% a year. The sharpest change came in the year to December 2020, when income rose by 17%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lower Macungie Library Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Buildingcommunity Workshop ($815k), Jujoy Inc ($816k) and Virginia Beach Theological Seminary ($815k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.7% of the total. Other salaries and wages came to $431k. At year end it held assets of $781k against liabilities of $213k, net assets of $568k. It reported 19 employees.