Mount Pleasant Free Public Library Association Inc

Analysis

Mount Pleasant Free Public Library Association Inc is a registered charity in United States, based in Mt Pleasant, PA. It received its IRS tax-exemption ruling in August 1987, 39 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, Mount Pleasant Free Public Library Association Inc reported income of $149k and spending of $203k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $483k to $149k (-69%), an average of -26% a year. The sharpest change came in the year to December 2022, when income dropped by 61%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mount Pleasant Free Public Library Association Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within PA. Charities of a similar size with the same main cause include Yale Aviation Inc ($149k), Noblesville Community Foundation Incorporated ($149k) and East Texas Camping and Training Center ($149k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $37k (18% of expenses). Other salaries and wages came to $73k. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m. It reported 15 employees.