Bradford Area Public Library

Analysis

Bradford Area Public Library is a registered charity in United States, based in Bradford, PA. It received its IRS tax-exemption ruling in November 1990, 36 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, Bradford Area Public Library reported income of $519k and spending of $526k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $654k to $519k (-21%), an average of -5.6% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bradford Area Public Library sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Victory Homes ($519k), Psychedelic Research and Training Institute ($519k) and Covenant Christian School ($519k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $50k (9.6% of expenses). Other salaries and wages came to $179k. At year end it held assets of $6.1m against liabilities of $23k, net assets of $6.0m. It reported 13 employees.