Friends of Greenwood Public Library Inc

Analysis

Friends of Greenwood Public Library Inc is a registered charity in United States, based in Greenwood, IN. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Greenwood Public Library Inc reported income of $154k and spending of $133k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $154k (+142%), an average of +142% a year. The sharpest change came in the year to December 2023, when income rose by 142%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Greenwood Public Library Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within IN. Charities of a similar size with the same main cause include Impact University ($154k), Ana Grace Project ($154k) and Illinois Association for the Education of Young Children ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $101k against liabilities of $93, net assets of $101k.