New Brighton Public Library

Analysis

New Brighton Public Library is a registered charity in United States, based in New Brighton, PA. It received its IRS tax-exemption ruling in February 1970, 56 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, New Brighton Public Library reported income of $114k and spending of $159k, spending 139% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $122k to $114k (-6.0%), an average of -6.0% a year. Over the whole period it spent 120% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Brighton Public Library sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within PA. Charities of a similar size with the same main cause include The Rockland Country Club Foundation Inc ($114k), Jasper County Boys Park Inc ($114k) and Folds of Honor Patriots of Denver ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 2.7% of the total. At year end it held assets of $425k against liabilities of $54k, net assets of $371k.