Coudersport Library Association

Analysis

Coudersport Library Association is a registered charity in United States, based in Coudersport, PA. It received its IRS tax-exemption ruling in October 1989, 37 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, Coudersport Library Association reported income of $134k and spending of $136k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $127k to $134k (+5.5%), an average of +1.3% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Coudersport Library Association sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within PA. Charities of a similar size with the same main cause include Ferndale Golden Eagles Booster Club ($134k), Safety 4 Life Foundation Inc ($134k) and Hope for Ishmael ($134k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $49k (36% of expenses). Other salaries and wages came to $24k. At year end it held assets of $260k against liabilities of $1,464, net assets of $259k. It reported 6 employees.