German-Masontown Public Library

Analysis

German-Masontown Public Library is a registered charity in United States, based in Masontown, PA. It received its IRS tax-exemption ruling in November 1993, 33 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, German-Masontown Public Library reported income of $96k and spending of $112k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $71k to $96k (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, German-Masontown Public Library sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within PA. Charities of a similar size with the same main cause include Game Genius Inc ($96k), PTA Delaware Congress ($96k) and Friends of the Veterans Monument ($96k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 1.5% of the total. Other salaries and wages came to $65k. At year end it held assets of $236k against liabilities of $1,747, net assets of $234k.