Warren Library Association

Analysis

Warren Library Association is a registered charity in United States, based in Warren, OH. It received its IRS tax-exemption ruling in January 2023, 3 years ago. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Warren Library Association reported income of $115k and spending of $131k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $108k to $115k (+6.5%), an average of +6.5% a year. Over the whole period it spent 122% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Warren Library Association sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within OH. Charities of a similar size with the same main cause include Solstice Project Inc ($115k), Domestic Violence Safe Options Services ($115k) and Five Cities Youth Basketball League ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 2.8% of the total. Other salaries and wages came to $15k. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m. It reported 2 employees.