Friends of the Livingston Library

Analysis

Friends of the Livingston Library is a registered charity in United States, based in Livingston, NJ. It received its IRS tax-exemption ruling in April 1982, 44 years ago. 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 May 2024, Friends of the Livingston Library reported income of $86k and spending of $75k, spending 88% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $75k to $86k (+14%), an average of +14% a year. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of the Livingston Library sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 40th percentile within NJ. Charities of a similar size with the same main cause include Clear Lake Grace Brethren Camp ($86k), The Frostburg Museum Assn Inc ($86k) and Tender Hearts Inc ($86k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 16% of the total. At year end it held assets of $105k against liabilities of $0, net assets of $105k.