Frank Sarris Public Library Association

Analysis

Frank Sarris Public Library Association is a registered charity in United States, based in Canonsburg, PA. It received its IRS tax-exemption ruling in November 1959, 67 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, Frank Sarris Public Library Association reported income of $650k and spending of $694k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $515k to $650k (+26%), an average of +6.0% a year. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Frank Sarris Public Library Association sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include Mary Meyer School ($650k), National Association of Drug Diversion Investigators Inc ($650k) and Global Compassion Coalition ($650k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 4.4% of the total. Other salaries and wages came to $228k. At year end it held assets of $6.1m against liabilities of $125k, net assets of $5.9m. It reported 15 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.