Village Library of Wrightstown

Analysis

Village Library of Wrightstown is a registered charity in United States, based in Newtown, PA. It received its IRS tax-exemption ruling in March 1970, 56 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, Village Library of Wrightstown reported income of $215k and spending of $113k, leaving 48% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $180k to $215k (+19%), an average of +9.3% a year. The sharpest change came in the year to December 2023, when income rose by 127%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Village Library of Wrightstown 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 55th percentile, and in the 53rd percentile within PA. Charities of a similar size with the same main cause include Mending Fences at JM Ranch ($215k), Right to Life Michiana Education Fund Inc ($215k) and Senior Citizens Coordinating Council of Eastchester ($215k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% of the total. Other salaries and wages came to $72k. At year end it held assets of $535k against liabilities of $2,107, net assets of $532k. It reported 5 employees.