Clearfield County Public Library

Analysis

Clearfield County Public Library is a registered charity in United States, based in Curwensville, PA. It received its IRS tax-exemption ruling in January 1983, 43 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, Clearfield County Public Library reported income of $288k and spending of $243k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $254k to $288k (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Clearfield County Public Library sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within PA. Charities of a similar size with the same main cause include Northumberland County Rescue Squad Inc ($288k), Central Sierra Environmental Resource Center ($288k) and Orpheus Chamber Singers Inc ($288k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $49k (20% of expenses). Other salaries and wages came to $117k. At year end it held assets of $898k against liabilities of $5,247, net assets of $893k. It reported 7 employees.