Westmoreland County Museum and Library Inc

Analysis

Westmoreland County Museum and Library Inc is a registered charity in United States, based in Montross, VA. It received its IRS tax-exemption ruling in March 1944, 82 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 December 2023, Westmoreland County Museum and Library Inc reported income of $67k and spending of $83k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $87k to $67k (-23%), an average of -6.3% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Westmoreland County Museum and Library Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 26th percentile within VA. Charities of a similar size with the same main cause include Harvard-Radcliffe Orchestra Inc Pierian Sodality of 1808 ($67k), Partnership at Drugfreeiowa Org ($67k) and Habitat for Humanity International Inc ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Other salaries and wages came to $53k. At year end it held assets of $807k against liabilities of $930, net assets of $806k. It reported 7 employees.