Marysville-Rye Library Association

Analysis

Marysville-Rye Library Association is a registered charity in United States, based in Marysville, PA. It received its IRS tax-exemption ruling in February 1974, 52 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, Marysville-Rye Library Association reported income of $88k and spending of $93k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $88k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marysville-Rye Library Association sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within PA. Charities of a similar size with the same main cause include Organization for the Support of Democratic Movement in Taiwan ($88k), Mankato East High School Boosters Club Inc ($88k) and Colonias Unidas ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 65% of the total. At year end it held assets of $9,777 against liabilities of $0, net assets of $9,777.