Ligonier Valley Library Association

Analysis

Ligonier Valley Library Association is a registered charity in United States, based in Ligonier, PA. It received its IRS tax-exemption ruling in November 1966, 60 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, Ligonier Valley Library Association reported income of $655k and spending of $765k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $591k to $655k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2023, when income rose by 74%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ligonier Valley Library Association sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include Lapd Devonshire Police Activity League Supporters ($655k), Arkansas Community Action Agencies Association Inc ($655k) and Homes for the Homeless Inc ($655k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 0.1% of the total. Other salaries and wages came to $308k. At year end it held assets of $10.9m against liabilities of $1,188, net assets of $10.9m. It reported 12 employees.