Hastings Public Library

Analysis

Hastings Public Library is a registered charity in United States, based in Hastings, PA. It received its IRS tax-exemption ruling in January 1996, 30 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, Hastings Public Library reported income of $67k and spending of $88k, spending 131% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $359k to $67k (-81%), an average of -43% a year. The sharpest change came in the year to December 2022, when income dropped by 80%. Over the whole period it spent 29% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hastings Public Library sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within PA. Charities of a similar size with the same main cause include Central Bucks West Football Parents Club Incorporated ($67k), The Miami Shores Mayors Community Task Force Inc ($67k) and The Bluffton Athletic Boosters ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 33% of the total. Other salaries and wages came to $28k. At year end it held assets of $859k against liabilities of $0, net assets of $859k. It reported 4 employees.