Avalon Public Library

Analysis

Avalon Public Library is a registered charity in United States, based in Avalon, PA. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Avalon Public Library reported income of $221k and spending of $163k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $148k to $221k (+49%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Avalon Public Library sits at the 56th percentile: it is larger than about 56% 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 Friends of the Lompoc Public Library System ($221k), The St Clairville Band Parents Organization ($221k) and Scipp International ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $44k (27% of expenses). Other salaries and wages came to $46k. At year end it held assets of $335k against liabilities of $4,801, net assets of $330k. It reported 8 employees.