Roaring Spring Community Library Association

Analysis

Roaring Spring Community Library Association is a registered charity in United States, based in Roaring SPG, PA. It received its IRS tax-exemption ruling in December 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Roaring Spring Community Library Association reported income of $144k and spending of $116k, spending 80% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $144k to $144k (+0.3%), an average of +0.3% a year. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Roaring Spring Community Library Association 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 46th percentile, and in the 44th percentile within PA. Charities of a similar size with the same main cause include Boulder Creek Football Foundation ($144k), Tesh Wickard Endowment Inc ($144k) and Mid-Iowa School Improvement Consortium ($144k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 0.0% of the total. At year end it held assets of $168k against liabilities of $1,106, net assets of $167k.