Belle Vernon Library Association
Analysis
Belle Vernon Library Association is a registered charity in United States, based in Belle Vernon, PA. It received its IRS tax-exemption ruling in June 1959, 67 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, Belle Vernon Library Association reported income of $56k and spending of $37k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $56k (+3.2%), an average of +3.2% a year. Over the whole period it spent 77% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Belle Vernon Library Association sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within PA. Charities of a similar size with the same main cause include Bear Home Foundation Inc ($56k), Public Property Financing Corporation of California ($56k) and Columbia Chamber Foundation ($56k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 3.4% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.
Income and spending
Where the income comes from
- Contributions & grants 73%
- Program services 3.4%
- Other 24%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bear Home Foundation Inc | Bonita SPGS | $56k |
| Public Property Financing Corporation of California | Westlake VLG | $56k |
| Columbia Chamber Foundation | Columbia | $56k |
| International Association for Pattern Recognition Incorporated | Cedar Knolls | $56k |