Clymer Library Assoc of Pocono Pine

Analysis

Clymer Library Assoc of Pocono Pine is a registered charity in United States, based in Pocono Pines, PA. It received its IRS tax-exemption ruling in April 1985, 41 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, Clymer Library Assoc of Pocono Pine reported income of $526k and spending of $464k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $507k to $526k (+3.7%), an average of +0.9% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clymer Library Assoc of Pocono Pine sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Youth & Family Counseling Service Inc ($526k), Mariemont Preservation Foundation ($526k) and Peace Ministries Inc ($526k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $41k (8.9% of expenses). Other salaries and wages came to $142k. At year end it held assets of $1.2m against liabilities of $44k, net assets of $1.2m. It reported 11 employees.