Mansfield Free Public Library

Analysis

Mansfield Free Public Library is a registered charity in United States, based in Mansfield, PA. It received its IRS tax-exemption ruling in January 1959, 67 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 December 2023, Mansfield Free Public Library reported income of $73k and spending of $74k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $85k to $73k (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mansfield Free Public Library sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within PA. Charities of a similar size with the same main cause include Riverview Elementary Parent Teacher Club ($73k), Liberty Parent Club ($73k) and Ivy Educational Foundation Inc ($73k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 1.3% of the total. Other salaries and wages came to $42k. At year end it held assets of $639k against liabilities of $1,027, net assets of $638k. It reported 4 employees.