Rice Avenue Community Library

Analysis

Rice Avenue Community Library is a registered charity in United States, based in Girard, PA. It received its IRS tax-exemption ruling in June 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, Rice Avenue Community Library reported income of $97k and spending of $113k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $78k to $97k (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rice Avenue Community Library sits at the 38th percentile: it is larger than about 38% 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 Historic Lincoln School Alumni Foundation ($97k), Jefferson Chamber Foundation ($97k) and South Florida Jewelry Arts Guildinc ($97k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $53k. At year end it held assets of $434k against liabilities of $2,825, net assets of $431k. It reported 4 employees.