Monongahela Area Library Inc

Analysis

Monongahela Area Library Inc is a registered charity in United States, based in Monongahela, PA. It received its IRS tax-exemption ruling in October 1974, 52 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, Monongahela Area Library Inc reported income of $158k and spending of $173k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $247k to $158k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Monongahela Area Library Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within PA. Charities of a similar size with the same main cause include Dundee Crown Athletic Booster Club ($158k), Arlington Aquatic Club Boosters Inc Wakefield HS Swimming Pool ($158k) and Triangle Club of Princeton University ($158k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $91k. At year end it held assets of $442k against liabilities of $1,984, net assets of $440k. It reported 7 employees.