Friends of the Weston Public Library Incorporated

Analysis

Friends of the Weston Public Library Incorporated is a registered charity in United States, based in Weston, MA. It received its IRS tax-exemption ruling in May 1988, 38 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending June 2024, Friends of the Weston Public Library Incorporated reported income of $62k and spending of $51k, spending 82% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $63k to $62k (-1.9%), an average of -1.9% a year. Over the whole period it spent 88% 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 Weston Public Library Incorporated sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 33rd percentile within MA. Charities of a similar size with the same main cause include Queens Club Inc ($62k), Aactmad ($62k) and Bainbridge Island Japanese- American Community ($62k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 53% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.