Allegheny County Library Assoc

Analysis

Allegheny County Library Assoc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in July 1995, 31 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, Allegheny County Library Assoc reported income of $17.4m and spending of $17.4m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.7m to $17.4m (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2023, when income rose by 23%. 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, Allegheny County Library Assoc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within PA. Charities of a similar size with the same main cause include Empire Commons Student Housing Inc ($17.4m), Maranatha High School ($17.4m) and Port of Los Angeles High School ($17.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $129k (0.7% of expenses). Other salaries and wages came to $712k. At year end it held assets of $2.3m against liabilities of $828k, net assets of $1.5m. It reported 17 employees.