Friends of the Barrington Public Library Inc

Analysis

Friends of the Barrington Public Library Inc is a registered charity in United States, based in Barrington, RI. It received its IRS tax-exemption ruling in August 1986, 40 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 December 2023, Friends of the Barrington Public Library Inc reported income of $80k and spending of $77k, spending 96% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $42k to $80k (+89%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 97%. Over the whole period it spent 70% 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 Barrington Public Library Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 27th percentile within RI. Charities of a similar size with the same main cause include Louisiana Mosquito Control Assoc ($80k), LA Cueva Baseball Booster Club ($80k) and PTA Texas Congress ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 61% of the total. At year end it held assets of $135k against liabilities of $0, net assets of $135k.