Wyalusing Public Library

Analysis

Wyalusing Public Library is a registered charity in United States, based in Wyalusing, PA. It received its IRS tax-exemption ruling in July 1990, 36 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, Wyalusing Public Library reported income of $104k and spending of $150k, spending 145% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $124k to $104k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 117% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wyalusing Public Library sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within PA. Charities of a similar size with the same main cause include Magen Abraham Inc ($104k), Ignite College and Career Academy ($104k) and RHS Choir Booster Club Inc ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 3.1% of the total. At year end it held assets of $247k against liabilities of $1,840, net assets of $245k.