Everett Free Library

Analysis

Everett Free Library is a registered charity in United States, based in Everett, PA. It received its IRS tax-exemption ruling in March 1965, 61 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, Everett Free Library reported income of $218k and spending of $208k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $192k to $218k (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Everett Free Library sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within PA. Charities of a similar size with the same main cause include Child Study Clinic ($218k), Warren County Historical Society ($218k) and Bluegrass Senior Assist ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 1.9% of the total. Other salaries and wages came to $103k. At year end it held assets of $719k against liabilities of $18k, net assets of $702k. It reported 11 employees.