Morgan County Public Library

Analysis

Morgan County Public Library is a registered charity in United States, based in Berkeley SPGS, WV. It received its IRS tax-exemption ruling in October 2021, 5 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, Morgan County Public Library reported income of $178k and spending of $189k, spending 107% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $196k to $178k (-9.6%), an average of -9.6% a year. 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, Morgan County Public Library sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within WV. Charities of a similar size with the same main cause include Knox Makers ($178k), One Heart Uganda Incorporated ($178k) and Education in Dance & the Related Arts ($178k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 2.6% of the total. Other salaries and wages came to $80k. At year end it held assets of $525k against liabilities of $275k, net assets of $250k. It reported 4 employees.