Meyersdale Public Library

Analysis

Meyersdale Public Library is a registered charity in United States, based in Meyersdale, PA. It received its IRS tax-exemption ruling in September 1980, 46 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, Meyersdale Public Library reported income of $165k and spending of $207k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $131k to $165k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Meyersdale Public Library sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within PA. Charities of a similar size with the same main cause include Belmont Community Organization ($165k), National Duncan Glass Society Inc ($165k) and Alaska Peace Officers Association ($165k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 4.8% of the total. Other salaries and wages came to $115k. At year end it held assets of $655k against liabilities of $0, net assets of $655k. It reported 11 employees.