Mary Meuser Memorial Library

Analysis

Mary Meuser Memorial Library is a registered charity in United States, based in Easton, PA. It received its IRS tax-exemption ruling in November 1964, 62 years ago. The IRS classifies it as a governmental unit under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mary Meuser Memorial Library reported income of $254k and spending of $291k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $278k to $254k (-8.8%), an average of -2.3% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mary Meuser Memorial Library sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within PA. Charities of a similar size with the same main cause include Vets Rest Stop Inc ($254k), Disability Services Resource Center ($254k) and Community Connections at Findley Lake Inc ($254k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $52k (18% of expenses). Other salaries and wages came to $119k. At year end it held assets of $315k against liabilities of $8,883, net assets of $306k. It reported 6 employees.