Muncy Public Library

Analysis

Muncy Public Library is a registered charity in United States, based in Muncy, PA. It received its IRS tax-exemption ruling in May 1966, 60 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, Muncy Public Library reported income of $355k and spending of $159k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $152k to $355k (+134%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 118%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Muncy Public Library sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within PA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($355k), The San Jose Arena Authority ($355k) and F J Reitz High School Instrumental Music Booster Club ($355k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 0.6% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.