Saxton Community Library

Analysis

Saxton Community Library is a registered charity in United States, based in Saxton, PA. It received its IRS tax-exemption ruling in July 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, Saxton Community Library reported income of $103k and spending of $126k, spending 122% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $95k to $103k (+8.0%), an average of +2.6% a year. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Saxton Community Library sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within PA. Charities of a similar size with the same main cause include Utah City Management Association ($103k), Bryan McDonough Military Heroesfoundation ($103k) and Clipped Wings United Air Lines Stewardesses Alumnae Inc ($103k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 1.2% of the total. Other salaries and wages came to $44k. At year end it held assets of $432k against liabilities of $5,950, net assets of $427k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.