Charity Search / DANVILLE LIBRARY INC
Education (B71Z) 990 on File

DANVILLE LIBRARY INC

EIN: 61-0492383 · DANVILLE, KY 40422-1407 · United States · FY 2023 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 88/100
Reliability (20%) 55/100
Effectiveness (25%) 85/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$2.0M
Total Revenue
$2.0M
Total Expenses
$6.7M
Net Assets
46
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 89.1%
Fundraising Efficiency N/A
Operating Reserve 40.51x
Liability-to-Asset 0.0%
Revenue Diversification 84.5%
Compared with Peers
FY 2023
Compared with 11,226 similar organizations (United States, Education, $1M–$10M in expenses), FY 2023.
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
89.1% 84.5%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
10.9% 13.0%
P10P90
Above 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
40.5 mo 8.6 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 23.0%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
84.5% 90.7%
P10P90
Above median
Revenue growth
Year over year revenue growth
60.5% 7.5%
P10P90
Expense growth
Year over year expense growth
-11.6% 11.6%
P10P90
Surplus margin
Surplus as a share of revenue
2.3% 3.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $2.0M $2.0M $6.7M 89.1% 46
2022 $1.3M $2.2M $6.6M 90.2% 36
2021 $2.3M $1.5M N/A 32
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Organization Details
EIN
61-0492383
State
KY
City
DANVILLE
ZIP
40422-1407
Classification
B71Z
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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