James a Stone Memorial Library Association

Analysis

James a Stone Memorial Library Association is a registered charity in United States, based in Conneautville, PA. It received its IRS tax-exemption ruling in June 1994, 32 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, James a Stone Memorial Library Association reported income of $72k and spending of $71k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $82k to $72k (-12%), an average of -12% a year. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, James a Stone Memorial Library Association sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within PA. Charities of a similar size with the same main cause include Camp Haccamo Foundation Inc ($72k), California International Sailing Association ($72k) and PTA California Congress of Parents Teachers & Students Inc ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 2.6% of the total. At year end it held assets of $454k against liabilities of $125k, net assets of $328k.