Foxburg Free Library Association

Analysis

Foxburg Free Library Association is a registered charity in United States, based in Foxburg, PA. It received its IRS tax-exemption ruling in June 1994, 32 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, Foxburg Free Library Association reported income of $81k and spending of $99k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $80k to $81k (+1.6%), an average of +0.4% a year. The sharpest change came in the year to December 2021, when income rose by 147%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foxburg Free Library Association sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within PA. Charities of a similar size with the same main cause include Attica Housing Inc ($81k), Little League Baseball Inc ($81k) and Cass County Junior Athletic Association ($81k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 5.1% of the total. Other salaries and wages came to $41k. At year end it held assets of $1.5m against liabilities of $1,532, net assets of $1.5m. It reported 3 employees.