George M Jones Library Association
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
George M Jones Library Association is a 501(c)(3) organization based in Lynchburg, Virginia, registered in 1930, with $634,974 in FY2024 revenue. CharityIndex grades it B.
2311 Memorial Ave, Lynchburg, VA, 24501 EIN 54-0505921 Since 1930
Revenue (FY2024)
$635K
▲ 24.2% vs prior year
Expenses (FY2024)
$361K
Net assets
$4.7M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for George M Jones Library Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating155 mo reserves · +43% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For George M Jones Library Association: 155 mo reserves · +43% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for George M Jones Library Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For George M Jones Library Association: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $309K (FY2013) to $635K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2,297Net assets $4.7M
Operating margin
43.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.7M
Total liabilities
$2,297
Net assets
$4.7M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $634,974▲24.2% | $360,638▲2.4% | $4,659,424▲6.3% | $4,661,721▲6.2% | 990PF |
| 2023 | $511,397▲54.5% | $352,186▲5.6% | $4,385,088▲2.3% | $4,389,077▲2.4% | 990PF |
| 2022 | $330,914▼33.0% | $333,498▲19.6% | $4,286,854▼0.1% | $4,287,604▼0.1% | 990PF |
| 2021 | $494,193▲53.1% | $278,910▲11.0% | $4,289,438▲5.3% | $4,291,850▲5.2% | 990PF |
| 2020 | $322,829▲14.5% | $251,296▲5.2% | $4,074,155▲1.8% | $4,078,230▲1.9% | 990PF |
| 2019 | $281,989▼32.4% | $238,846▼20.0% | $4,002,622▲1.1% | $4,003,400▲1.1% | 990PF |
| 2018 | $417,311▲50.2% | $298,572▲6.2% | $3,959,479▲3.1% | $3,961,541▲3.1% | 990PF |
| 2017 | $277,914▼34.3% | $281,101▼8.0% | $3,840,740▼0.1% | $3,840,740▼0.1% | 990PF |
| 2016 | $423,114▲113% | $305,557▲12.4% | $3,843,927▲3.2% | $3,843,927▲3.2% | 990PF |
| 2015 | $198,241▼35.8% | $271,953▲3.6% | $3,726,370▼0.9% | $3,726,370▼0.9% | 990PF |
| 2013 | $308,596 | $262,477▲1.2% | $3,761,401▲1.2% | $3,761,401▲1.2% | 990PF |
| 2012 | — | $259,405▼4.4% | $3,715,282▼0.4% | $3,715,282▼0.4% | 990PF |
| 2011 | — | $271,348 | $3,732,056 | $3,732,056 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is George M Jones Library Association a legitimate nonprofit?
- Yes. George M Jones Library Association is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 54-0505921, based in Lynchburg, Virginia. Donations are tax-deductible.
- What is George M Jones Library Association's EIN?
- George M Jones Library Association's Employer Identification Number (EIN) is 54-0505921.
- How much revenue does George M Jones Library Association report?
- George M Jones Library Association reported $634,974 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does George M Jones Library Association have?
- CharityIndex grades George M Jones Library Association B, based on financial health (reserves and operating margin).
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Data for George M Jones Library Association (EIN 54-0505921) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.