Slippery Rock Community Library

Analysis

Slippery Rock Community Library is a registered charity in United States, based in Slippery Rock, PA. It received its IRS tax-exemption ruling in September 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, Slippery Rock Community Library reported income of $117k and spending of $93k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $136k to $117k (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2020, when income dropped by 16%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Slippery Rock Community Library sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within PA. Charities of a similar size with the same main cause include Women in Focus Incorporated ($117k), Shuter Library of Angel Fire ($117k) and Wlala Foundation ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 5.1% of the total. Compensation of current officers, directors and key employees was $2,007 (2.2% of expenses). Other salaries and wages came to $35k. At year end it held assets of $1.1m against liabilities of $238, net assets of $1.1m. It reported 3 employees.