Community Library of Allegheny Valley

Analysis

Community Library of Allegheny Valley is a registered charity in United States, based in Natrona HTS, PA. It received its IRS tax-exemption ruling in June 1951, 75 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, Community Library of Allegheny Valley reported income of $513k and spending of $557k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $392k to $513k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Library of Allegheny Valley sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Plum Presbyterian Senior Housing Inc ($513k), Migrant Legal Aid Inc ($513k) and National Church Residences Shelby County Housing Inc ($513k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $54k (9.7% of expenses). Other salaries and wages came to $232k. At year end it held assets of $1.7m against liabilities of $35k, net assets of $1.6m. It reported 17 employees.