Bridgeville Public Library

Analysis

Bridgeville Public Library is a registered charity in United States, based in Bridgeville, DE. It received its IRS tax-exemption ruling in April 1988, 38 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 June 2023, Bridgeville Public Library reported income of $490k and spending of $503k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $283k to $490k (+73%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bridgeville 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 64th percentile within DE. Charities of a similar size with the same main cause include Kokernot Trust ($489k), Christian School Association of Westchester Inc ($490k) and Regional Training Institute Inc ($489k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.5% of the total. Compensation of current officers, directors and key employees was $42k (8.4% of expenses). Other salaries and wages came to $158k. At year end it held assets of $140k against liabilities of $0, net assets of $140k. It reported 14 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.