Friends of the Jones Library System Inc

Analysis

Friends of the Jones Library System Inc is a registered charity in United States, based in Amherst, MA. It received its IRS tax-exemption ruling in September 2001, 25 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 June 2024, Friends of the Jones Library System Inc reported income of $1.0m and spending of $1.1m, spending 109% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $1.0m to $1.0m (+0.4%), an average of +0.2% a year. The sharpest change came in the year to June 2024, when income rose by 226%. Over the whole period it spent 90% 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 Jones Library System Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Leaders of Tomorrow After School Program ($1.0m), Spiritual Arts Institute ($1.0m) and Presentation School Foundation Inc ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $130k. At year end it held assets of $330k against liabilities of $16k, net assets of $313k. It reported 2 employees.