Delmont Public Library

Analysis

Delmont Public Library is a registered charity in United States, based in Delmont, PA. It received its IRS tax-exemption ruling in May 1984, 42 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, Delmont Public Library reported income of $164k and spending of $169k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $638k to $164k (-74%), an average of -29% a year. The sharpest change came in the year to December 2020, when income dropped by 56%. Over the whole period it spent 37% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Delmont Public Library 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 49th percentile, and in the 47th percentile within PA. Charities of a similar size with the same main cause include Association for Midwestdisadvantaged Youth Inc Amd ($164k), Rancho Santa Fe Rotary Foundation Inc ($164k) and Lake Forest Foundation for Historic Preservation ($164k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $16k (9.7% of expenses). Other salaries and wages came to $44k. At year end it held assets of $1.6m against liabilities of $4,244, net assets of $1.6m. It reported 12 employees.