Johnson City Public Library

Analysis

Johnson City Public Library is a registered charity in United States, based in Johnson City, TN. It received its IRS tax-exemption ruling in February 1991, 35 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 2024, Johnson City Public Library reported income of $2.7m and spending of $2.5m, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.2m to $2.7m (+22%), an average of +5.1% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Johnson City Public Library sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within TN. Charities of a similar size with the same main cause include Belton Preparatory Academy Inc ($2.7m), Fideles Christian School Inc ($2.7m) and Northern Michigan Christian School Association ($2.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $107k (4.3% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.5m against liabilities of $163k, net assets of $2.4m. It reported 54 employees.