KENNETT LIBRARY

KENNETT SQ, PA, 19348-0730 (610) 444-2702 Est. 1895 EIN 23-1547585
990 - Public charity return 501(c)(3)
www.kennettlibrary.org

Mission

KENNETT LIBRARY IS A REGIONAL PUBLIC LIBRARY OPEN TO ALL AND SERVING THE TOWNSHIPS OF KENNETT, EAST MARLBOROUGH, PENNSBURY, POCOPSON, NEWLIN, NEW GARDEN, WEST MARLBOROUGH AND THE BOROUGH OF KENNETT SQUARE. WE PROVIDE A PLACE FOR THE YOUNGEST TO THE OLDEST AND EVERYONE IN BETWEEN AND SERVE PEOPLE OF ALL INCOMES, AGES, AND NEEDS - FOR FREE. KENNETT LIBRARY'S MISSION IS TO IGNITE IMAGINATION, ENRICH LIVES, AND CREATE COMMUNITY WITH A VISION TO BE THE CATALYST FOR A COMMUNITY OF LIFELONG LEARNING AND DISCOVERY. WE CONNECT PEOPLE WITH READING, INFORMATION AND TECHNOLOGY TO EXPAND CURIOSITY, EXPLORE INTERESTS, AND DISCOVER PASSIONS. WE PROVIDE A FRIENDLY, HELPFUL, STIMULATING ENVIRONMENT THAT IS BUILT ON FREE ACCESS TO LIBRARY RESOURCES AND THE EXCHANGE OF INFORMATION. WE ARE A PLACE TO MEET, A PLACE TO LEARN, TO TEACH, TO SHARE, TO CONNECT, A PLACE TO BUILD, TO EXPAND HORIZONS. WE OFFER FREE IN-PERSON AND VIRTUAL PROGRAMS FOR CHILDREN, TEENS, AND ADULTS. PROGRAMS INCLUDE ESL CLASSES, ART WO

Financials

Total Revenue
$6,767,254
Total Expenses
$2,685,940
Net Assets
$20,600,920
50 employees 245 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
7.7 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 39.8%
Expenses ↑ 58.0%
Revenue Sources
Contributions 95.5% Earned revenue 1.3% Investment 2.6% Other 1.0%
Expense Breakdown
Program 70.9% Management 15.4% Fundraising 13.7%

Officers & Key Employees (18)

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Grants Received (98)

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Filing History (5 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$6,767,254 ↑$2,685,940$20,600,920
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$4,840,483 ↑$1,699,551$16,594,392
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$4,046,003 ↑$1,080,737$13,575,124
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$2,120,153 ↑$1,048,963$7,302,296
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$1,526,886 $1,035,386$4,391,108

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EIN: 23-1547585 · Source: IRS Form 990 e-file data