B F Jones Memorial Library

Analysis

B F Jones Memorial Library is a registered charity in United States, based in Aliquippa, PA. It received its IRS tax-exemption ruling in March 1972, 54 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, B F Jones Memorial Library reported income of $476k and spending of $671k, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $581k to $476k (-18%), an average of -4.8% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, B F Jones Memorial Library sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include South Central Kentucky Kids on the Block Inc ($476k), Meals on Wheels of Chesapeake Inc ($476k) and Brentwood Library ($476k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $33k (5.0% of expenses). Other salaries and wages came to $189k. At year end it held assets of $1.1m against liabilities of $46k, net assets of $1.0m. It reported 13 employees.