Erie Regional Library Foundation Inc

Analysis

Erie Regional Library Foundation Inc is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in December 2001, 25 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, Erie Regional Library Foundation Inc reported income of $131k and spending of $93k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $131k (+95%), an average of +95% a year. The sharpest change came in the year to December 2023, when income rose by 95%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Erie Regional Library Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within PA. Charities of a similar size with the same main cause include Sean Ranch Lough Foundation ($131k), International Association for Business and Society ($131k) and Historic Preservation Corporation ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $281k against liabilities of $0, net assets of $281k.