International Friends of London Library Inc

Analysis

International Friends of London Library Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1976, 50 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, International Friends of London Library Inc reported income of $220k and spending of $191k, spending 87% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $143k to $220k (+54%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, International Friends of London Library Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Nisei Student Relocation Commemorative Fund ($220k), Delta Phi Epsilon Educational Foundation ($220k) and Northern California Bible College ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $146k against liabilities of $2,000, net assets of $144k.