Switzerland Public Library

Analysis

Switzerland Public Library is a registered charity in United States, based in Vevay, IN. It received its IRS tax-exemption ruling in September 2011, 15 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, Switzerland Public Library reported income of $392k and spending of $399k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $245k to $392k (+60%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 49%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Switzerland Public Library sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IN. Charities of a similar size with the same main cause include New Haven Free Public Library Foundation Inc ($392k), McBride Memorial Library ($392k) and Empowered Tutoring Inc ($392k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $94k (23% of expenses). Other salaries and wages came to $97k. At year end it held assets of $545k against liabilities of $0, net assets of $545k. It reported 11 employees.