Springboro Library Association Springboro Public Library

Analysis

Springboro Library Association Springboro Public Library is a registered charity in United States, based in Springboro, PA. It received its IRS tax-exemption ruling in August 2006, 20 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, Springboro Library Association Springboro Public Library reported income of $98k and spending of $103k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $98k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Springboro Library Association Springboro Public Library sits at the 39th percentile: it is larger than about 39% 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 Jfact Fund Inc ($98k), Mukwonago Athletic Booster Club ($98k) and Friends of the University of Delaware Library ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $45k against liabilities of $1,730, net assets of $44k.