Josiah W Elizabeth M & Charles Gitt Memorial Library Trust is a 501(c)(3) organization based in Hanover, Pennsylvania, registered in 1996, with $80,228 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$80K
▼ 92.0% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$231K
Net assets
$1.2M
Employees
—
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 Josiah W Elizabeth M & Charles Gitt Memorial Library Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Josiah W Elizabeth M & Charles Gitt Memorial Library Trust: 61 mo reserves · -188% margin earns a F on this criterion. See the exact thresholds →
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 Josiah W Elizabeth M & Charles Gitt Memorial Library Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Josiah W Elizabeth M & Charles Gitt Memorial Library Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $26K (FY2013) to $80K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-188.0%
Spent more than it raised in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$0
Net assets
$1.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $80,228▼92.0% | $231,079▲187% | $1,170,729▼11.4% | $1,170,729▼11.4% | 990PF |
| 2023 | $1,002,548▲2204% | $80,540▼1.4% | $1,321,580▲231% | $1,321,580▲231% | 990PF |
| 2022 | $43,508▲33.3% | $81,724▲69.3% | $399,572▼8.7% | $399,572▼8.7% | 990PF |
| 2021 | $32,648▲3.6% | $48,275▼28.5% | $437,788▼3.4% | $437,788▼3.4% | 990PF |
| 2020 | $31,521▲16.1% | $67,552▲60.9% | $453,415▼7.4% | $453,415▼7.4% | 990PF |
| 2019 | $27,141▼9.5% | $41,994▼22.7% | $489,446▼2.9% | $489,446▼2.9% | 990PF |
| 2018 | $29,999▲48.0% | $54,308▼17.1% | $504,299▼4.6% | $504,299▼4.6% | 990PF |
| 2017 | $20,269▼20.4% | $65,530▲16.4% | $528,608▼7.9% | $528,608▼7.9% | 990PF |
| 2016 | $25,453▲11.2% | $56,284▲33.3% | $573,869▼5.1% | $573,869▼5.1% | 990PF |
| 2015 | $22,889▼4.9% | $42,220▼7.4% | $604,700▼3.1% | $604,700▼3.1% | 990PF |
| 2014 | $24,067▼7.9% | $45,600▼1.3% | $624,031▼3.3% | $624,031▼3.3% | 990PF |
| 2013 | $26,121 | $46,218▼14.3% | $645,564▼3.0% | $645,564▼3.0% | 990PF |
| 2012 | — | $53,954▼1.8% | $665,661▼1.8% | $665,661▼1.8% | 990PF |
| 2011 | — | $54,940▼29.3% | $678,146▼2.0% | $678,146▼2.0% | 990PF |
| 2010 | — | $77,716▼24.5% | $691,871▼2.1% | $691,871▼2.1% | 990PF |
| 2009 | — | $102,928 | $706,695 | $706,695 | 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.
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Data for Josiah W Elizabeth M & Charles Gitt Memorial Library Trust (EIN 23-7832246) 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.