Huntingdon Valley Library

Analysis

Huntingdon Valley Library is a registered charity in United States, based in Huntingdon Vy, PA. It received its IRS tax-exemption ruling in March 1956, 70 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, Huntingdon Valley Library reported income of $699k and spending of $622k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $611k to $699k (+14%), an average of +3.4% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Huntingdon Valley Library 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 75th percentile, and in the 73rd percentile within PA. Charities of a similar size with the same main cause include Taos Center for the Arts ($699k), Lincoln Park All American Football Leaguers ($699k) and Holy Family School Innercity Youth Foundation ($698k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 1.6% of the total. Other salaries and wages came to $312k. At year end it held assets of $1.2m against liabilities of $23k, net assets of $1.1m. It reported 21 employees.