Public Library of Johnston County and Smithfield

Analysis

Public Library of Johnston County and Smithfield is a registered charity in United States, based in Smithfield, NC. It received its IRS tax-exemption ruling in March 1977, 49 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, Public Library of Johnston County and Smithfield reported income of $2.2m and spending of $1.9m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $2.2m (+75%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Public Library of Johnston County and Smithfield sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within NC. Charities of a similar size with the same main cause include Calhoun Christian School ($2.2m), New Leaf Prep Academy Inc ($2.2m) and Denver Hybrid College ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 0.9% of the total. Other salaries and wages came to $502k. At year end it held assets of $2.3m against liabilities of $502k, net assets of $1.8m. It reported 18 employees.