Friends of the Keene Public Library

Analysis

Friends of the Keene Public Library is a registered charity in United States, based in Keene, NH. It received its IRS tax-exemption ruling in August 1985, 41 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of the Keene Public Library reported income of $111k and spending of $72k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $116k to $111k (-4.2%), an average of -1.1% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of the Keene Public Library sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within NH. Charities of a similar size with the same main cause include Lunion Francaise ($111k), South Elgin High School Booster Foundation ($111k) and Jim Kilburg Memorial Scholarship ($111k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% of the total. At year end it held assets of $446k against liabilities of $1,574, net assets of $445k.