Centerburg Public Library

Analysis

Centerburg Public Library is a registered charity in United States, based in Centerburg, OH. It received its IRS tax-exemption ruling in October 2018, 8 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Centerburg Public Library reported income of $394k and spending of $240k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $288k to $394k (+37%), an average of +8.2% a year. Over the whole period it spent 67% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Centerburg Public Library sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within OH. Charities of a similar size with the same main cause include Northwest Tibetan Cultural Association ($394k), National Christian Choir Inc ($394k) and Westchester Philharmonic Inc ($394k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Other salaries and wages came to $145k. At year end it held assets of $2.1m against liabilities of $3,904, net assets of $2.1m. It reported 10 employees.