Crafton Public Library Assn

Analysis

Crafton Public Library Assn is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in December 1952, 74 years ago. 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, Crafton Public Library Assn reported income of $311k and spending of $262k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $205k to $311k (+52%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Crafton Public Library Assn sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within PA. Charities of a similar size with the same main cause include The Golden Chain Theater Corporation ($311k), Gulf Coast Symphony Orchestra Inc ($311k) and Kerr County Young Mens Christian Association ($311k).

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. Compensation of current officers, directors and key employees was $52k (20% of expenses). Other salaries and wages came to $88k. At year end it held assets of $355k against liabilities of $9,410, net assets of $345k. It reported 6 employees.