Millvale Library

Analysis

Millvale Library is a registered charity in United States, based in Millvale, PA. It received its IRS tax-exemption ruling in May 2012, 14 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, Millvale Library reported income of $265k and spending of $299k, spending 113% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $158k to $265k (+67%), an average of +11% a year. The sharpest change came in the year to December 2019, when income rose by 48%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Millvale Library sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within PA. Charities of a similar size with the same main cause include Bilingual Children Inc ($265k), Great Khalid Foundation Inc ($265k) and Ohio Foot and Ankle Medical Foundation Inc ($265k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $32k (11% of expenses). Other salaries and wages came to $86k. At year end it held assets of $632k against liabilities of $30k, net assets of $602k. It reported 9 employees.