Clarion Free Library Association

Analysis

Clarion Free Library Association is a registered charity in United States, based in Clarion, PA. It received its IRS tax-exemption ruling in August 1974, 52 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, Clarion Free Library Association reported income of $219k and spending of $185k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $217k to $219k (+0.8%), an average of +0.2% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clarion Free Library Association sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within PA. Charities of a similar size with the same main cause include Memorial Foundation Inc ($219k), Big Brothers Big Sisters NW Montana ($219k) and Habitat for Humanity International Inc ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 9.5% of the total. Other salaries and wages came to $89k. At year end it held assets of $1.1m against liabilities of $4,135, net assets of $1.1m. It reported 9 employees.