Tewksbury Township Public Library Association

Analysis

Tewksbury Township Public Library Association is a registered charity in United States, based in Oldwick, NJ. It received its IRS tax-exemption ruling in April 1978, 48 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, Tewksbury Township Public Library Association reported income of $116k and spending of $121k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $114k to $116k (+1.9%), an average of +0.5% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tewksbury Township Public Library Association sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 48th percentile within NJ. Charities of a similar size with the same main cause include Mid Atlantic Association of Ib World Schools ($116k), Stewards of Change Institute Inc ($116k) and Construction Workforce Foundation of Colorado ($116k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.7% of the total. Other salaries and wages came to $41k. At year end it held assets of $882k against liabilities of $0, net assets of $882k. It reported 5 employees.