Westfield Public Library Assn Inc

Analysis

Westfield Public Library Assn Inc is a registered charity in United States, based in Westfield, PA. It received its IRS tax-exemption ruling in May 1951, 75 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, Westfield Public Library Assn Inc reported income of $111k and spending of $109k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $111k (+84%), an average of +84% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Westfield Public Library Assn Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within PA. Charities of a similar size with the same main cause include Jordanville Public Library ($111k), 2nd Chance Boutique ($111k) and Marinette Catholic Central High School Foundation Inc ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 0.6% of the total. At year end it held assets of $441k against liabilities of $1,282, net assets of $439k.