Elkland Area Community Library

Analysis

Elkland Area Community Library is a registered charity in United States, based in Elkland, PA. It received its IRS tax-exemption ruling in August 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, Elkland Area Community Library reported income of $70k and spending of $140k, spending 200% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $45k to $70k (+54%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 166% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Elkland Area Community Library sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within PA. Charities of a similar size with the same main cause include CHS All Sports Booster Club Inc ($70k), Sima Foundation ($70k) and Orlando Alumni Chapter of Kappa Alpha Psi Fraternity Inc ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 1.9% of the total. Other salaries and wages came to $51k. At year end it held assets of $888k against liabilities of $2,217, net assets of $886k. It reported 6 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.