Back Mountain-Memorial Library Association

Analysis

Back Mountain-Memorial Library Association is a registered charity in United States, based in Dallas, PA. It received its IRS tax-exemption ruling in September 1975, 51 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, Back Mountain-Memorial Library Association reported income of $482k and spending of $572k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $732k to $482k (-34%), an average of -9.9% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Back Mountain-Memorial Library Association sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within PA. Charities of a similar size with the same main cause include Mon Valley Unemployed Committee Inc ($482k), Pampa Youth and Community Center Inc ($482k) and Society for the History of Technology ($482k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 5.5% of the total. Compensation of current officers, directors and key employees was $75k (13% of expenses). Other salaries and wages came to $180k. At year end it held assets of $3.9m against liabilities of $8,639, net assets of $3.9m. It reported 14 employees.