Meadville Public Library Inc

Analysis

Meadville Public Library Inc is a registered charity in United States, based in Meadville, PA. It received its IRS tax-exemption ruling in November 2001, 25 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, Meadville Public Library Inc reported income of $1.0m and spending of $886k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $1.0m (-0.6%), an average of -0.2% a year. The sharpest change came in the year to December 2022, when income dropped by 43%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Meadville Public Library Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Conference for the Advancement of Mathematics Teaching ($1.0m), Montessori Northwest ($1.0m) and Rocky Mountain Center for Health Promotion and Education ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. Compensation of current officers, directors and key employees was $62k (6.9% of expenses). Other salaries and wages came to $386k. At year end it held assets of $6.1m against liabilities of $84k, net assets of $6.0m. It reported 17 employees.