Ellwood City Public Library

Analysis

Ellwood City Public Library is a registered charity in United States, based in Ellwood City, PA. It received its IRS tax-exemption ruling in June 2005, 21 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, Ellwood City Public Library reported income of $298k and spending of $381k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $301k to $298k (-0.9%), an average of -0.2% a year. The sharpest change came in the year to December 2021, when income dropped by 16%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ellwood City Public Library sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within PA. Charities of a similar size with the same main cause include Jackson Christian Early Learning Centers Inc ($298k), Video Game Palooza Inc ($298k) and Port Arthur Higher Education Foundation Inc ($298k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $65k (17% of expenses). Other salaries and wages came to $112k. At year end it held assets of $1.9m against liabilities of $9,349, net assets of $1.9m. It reported 13 employees.