Springdale Free Public Library Inc

Analysis

Springdale Free Public Library Inc is a registered charity in United States, based in Springdale, PA. It received its IRS tax-exemption ruling in November 1953, 73 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, Springdale Free Public Library Inc reported income of $250k and spending of $212k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $182k to $250k (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Springdale Free Public Library Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within PA. Charities of a similar size with the same main cause include Friends of Hillsboro City Library ($250k), Titus Special Education Advocacy Group Inc ($250k) and Population We ($250k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $53k (25% of expenses). At year end it held assets of $263k against liabilities of $25k, net assets of $239k. It reported 13 employees.