Overview

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Est.

1895

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

KENNETT LIBRARY is a nonprofit library with a mission of “igniting imagination, enriching lives, creating community” and serving as a catalyst for lifelong learning and discovery. Based on its 2024 filing, it reported $2.7M in operating budget and $6.8M in total revenue, with major support from Cabot-Kjellerup Foundation, CHESTER COUNTY COMMUNITY FOUNDATION, and LONGWOOD FOUNDATION INC.

Mission Statement

THE MISSION OF THE KENNETT LIBRARY IS IGNITING IMAGINATION, ENRICHING LIVES, CREATING COMMUNITY. KENNETT LIBRARY AIMS TO BE THE CATALYST FOR A COMMUNITY OF LIFELONG LEARNING AND DISCOVERY.
Revenues
$6.8M
Expenses
$2.7M
Net Income:
+$4.1M
Assets
$22M
Liabilities
$1.4M
Net Assets:
+$20.6M
Operating Budget
$2.7M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
23
Median grant size
$10K
Largest grant received
$148.7K
B
Barbara Bolton
Board Member
T
Todd Bruce
Board Member
M
Margaret Egli
Board Member
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  • 48 funders
  • 38 board & team members
  • 8 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is KENNETT LIBRARY’s budget?
In 2024, KENNETT LIBRARY reported an annual operating budget of around $2.7 million. More detailed financial information is available to registered users.
Where does KENNETT LIBRARY operate?
KENNETT LIBRARY is headquartered in Kennett Square, PA.
Who funded KENNETT LIBRARY recently?
In 2025, KENNETT LIBRARY received grants from UNITED WAY OF SOUTHERN CHESTER COUNTY, CHESTER COUNTY COMMUNITY FOUNDATION, and FIRST CORNERSTONE FOUNDATION INC-IMA. More information on this organization’s funders is available to registered users.
What is the largest grant KENNETT LIBRARY received in 2024?
The largest grant to KENNETT LIBRARY in 2024 exceeds $149 thousand.
What is KENNETT LIBRARY’s reliance on government grants?
KENNETT LIBRARY relied on government grants for more than 10% of their total revenue in 2024.