Pottsville Free Public Library

Analysis

Pottsville Free Public Library is a registered charity in United States, based in Pottsville, PA. It received its IRS tax-exemption ruling in February 1983, 43 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, Pottsville Free Public Library reported income of $1.1m and spending of $929k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $732k to $1.1m (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2023, when income rose by 17%. 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, Pottsville Free Public Library sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include ND Major Elks Project ($1.1m), Lakeview Community Resources Inc ($1.1m) and Meals on Wheels of Charlottesville- Albemarle ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $87k (9.4% of expenses). Other salaries and wages came to $261k. At year end it held assets of $2.9m against liabilities of $104k, net assets of $2.8m. It reported 21 employees.