Galeton Public Library Association

Analysis

Galeton Public Library Association is a registered charity in United States, based in Galeton, PA. It received its IRS tax-exemption ruling in November 1995, 31 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, Galeton Public Library Association reported income of $57k and spending of $55k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $60k to $57k (-5.3%), an average of -5.3% a year. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Galeton Public Library Association sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within PA. Charities of a similar size with the same main cause include Reynoldsburg Football Parent Association ($57k), Hamilton Parent Action Committee ($57k) and Fauquier Youth Livestock Advisory Council ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.