Apollo Memorial Library Inc

Analysis

Apollo Memorial Library Inc is a registered charity in United States, based in Apollo, PA. It received its IRS tax-exemption ruling in August 1962, 64 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, Apollo Memorial Library Inc reported income of $81k and spending of $108k, spending 133% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $105k to $81k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 117% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Apollo Memorial Library Inc 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 Monmouth Junction Vol Fire Co ($81k), Guernsey County Feed My People Inc ($81k) and Advocacy and Inclusion Matter of WC ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% of the total. At year end it held assets of $249k against liabilities of $0, net assets of $249k.