Jane and Annette M Herr Memorial Library

Analysis

Jane and Annette M Herr Memorial Library is a registered charity in United States, based in Mifflinburg, PA. It received its IRS tax-exemption ruling in December 1968, 58 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, Jane and Annette M Herr Memorial Library reported income of $208k and spending of $248k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $132k to $208k (+57%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jane and Annette M Herr Memorial Library sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within PA. Charities of a similar size with the same main cause include Bainbridge Community Ministry Inc ($208k), Venture Industrial Services Inc ($208k) and Robinson High School Alumni Association and Academic Foundatio ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Other salaries and wages came to $97k. At year end it held assets of $1.1m against liabilities of $243k, net assets of $857k. It reported 11 employees.