The Peters Township Library Foundation

Analysis

The Peters Township Library Foundation is a registered charity in United States, based in McMurray, PA. It received its IRS tax-exemption ruling in February 1977, 49 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, The Peters Township Library Foundation reported income of $102k and spending of $75k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $102k (+147%), an average of +147% a year. The sharpest change came in the year to December 2023, when income rose by 147%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Peters Township Library Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within PA. Charities of a similar size with the same main cause include Clay Township Indep Volunteer Fire Dept of Bartholomew County Inc ($102k), Wellesley Symphony Orchestra Inc ($102k) and Novi Educational Foundation ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 0.8% of the total. At year end it held assets of $473k against liabilities of $0, net assets of $473k.