Delmar Public Library

Analysis

Delmar Public Library is a registered charity in United States, based in Delmar, DE. It received its IRS tax-exemption ruling in November 1983, 43 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, Delmar Public Library reported income of $496k and spending of $457k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.2m to $496k (-77%), an average of -31% a year. The sharpest change came in the year to June 2020, when income dropped by 64%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Delmar Public Library sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 65th percentile within DE. Charities of a similar size with the same main cause include Landons Light Foundation ($496k), Pickerington Senior Citizens Center Inc ($496k) and The Economic Science Association ($496k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 0.0% of the total. Other salaries and wages came to $159k. At year end it held assets of $649k against liabilities of $0, net assets of $649k. It reported 10 employees.