Digital Public Library of America

Analysis

Digital Public Library of America is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in March 2013, 13 years ago. 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 June 2023, Digital Public Library of America reported income of $1.6m and spending of $2.1m, spending 128% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.5m to $1.6m (-34%), an average of -9.9% a year. The sharpest change came in the year to June 2022, when income rose by 109%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Digital Public Library of America sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include San Diego Brain Injury Foundation ($1.6m), Marion Downs Center ($1.6m) and Mountain Child Advocacy Center ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $324k (16% of expenses). Other salaries and wages came to $810k. At year end it held assets of $1.0m against liabilities of $128k, net assets of $901k. It reported 9 employees.