Bedford County Library Inc

Analysis

Bedford County Library Inc is a registered charity in United States, based in Bedford, PA. It received its IRS tax-exemption ruling in September 2014, 12 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, Bedford County Library Inc reported income of $301k and spending of $315k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $252k to $301k (+20%), an average of +4.6% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bedford County Library Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within PA. Charities of a similar size with the same main cause include Liberty High Booster Club ($301k), Hampton Educational Foundation ($301k) and Foothills Christian Academy ($301k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 4.6% of the total. Compensation of current officers, directors and key employees was $47k (15% of expenses). Other salaries and wages came to $118k. At year end it held assets of $389k against liabilities of $6,541, net assets of $382k. It reported 8 employees.