Ulysses Library Association

Analysis

Ulysses Library Association is a registered charity in United States, based in Ulysses, PA. It received its IRS tax-exemption ruling in September 2009, 17 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, Ulysses Library Association reported income of $63k and spending of $122k, spending 194% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $129k to $63k (-51%), an average of -30% a year. The sharpest change came in the year to December 2022, when income dropped by 43%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ulysses Library Association sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within PA. Charities of a similar size with the same main cause include Limon Education Foundation ($63k), Webb Alumni Association Inc ($63k) and CDM Wrestling Boosters ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $361k against liabilities of $0, net assets of $361k.