Education
(B70)
IRS Verified
DX Registered
990 on File
MERCER COUNTY DISTRICT LIBRARY
Financial strength (30%)
89/100
Reliability (20%)
40/100
Effectiveness (25%)
85/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Mercer County District Library strives to be an integral part of the community it serves by providing materials and services for residents of all ages for personal enrichment, enjoyment and educational needs. The library is dedicated to providing timely and practical access to all forms of media. The educational needs of the community will be supported with adult programming as well as programs developed to stimulate children’s interests and appreciation for reading and learning.
Financial Overview — FY 2024
$2.2M
Total Revenue
$1.4M
Total Expenses
$1.2M
Net Assets
43
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
87.0%
Fundraising Efficiency
N/A
Operating Reserve
10.27x
Liability-to-Asset
0.0%
Revenue Diversification
98.4%
Executive Compensation
$150K
Compared with Peers
FY 2024
Compared with 7,551 similar organizations
(United States, Education, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
87.0% | 84.5% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
13.0% | 12.8% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
10.3 mo | 9.0 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 18.6% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
98.4% | 89.9% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
53.5% | 7.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-8.3% | 8.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
35.1% | 2.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $2.2M | $1.4M | $1.2M | 87.0% | 43 |
| 2023 | $1.4M | $1.5M | $446K | 88.0% | 46 |
| 2022 | $1.4M | $1.5M | $568K | 87.9% | 42 |
| 2021 | $1.3M | $1.2M | N/A | — | 41 |
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