Friends of the Moraga Public Library

Analysis

Friends of the Moraga Public Library is a registered charity in United States, based in Moraga, CA. It received its IRS tax-exemption ruling in March 1969, 57 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Friends of the Moraga Public Library reported income of $53k and spending of $47k, spending 89% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $50k to $53k (+6.4%), an average of +6.4% a year. Over the whole period it spent 113% 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 Moraga Public Library sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within CA. Charities of a similar size with the same main cause include Charlotte Battles U/W ($53k), Oceanport PTO ($53k) and Little League Baseball Inc ($53k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 19% and program service revenue 47% of the total. At year end it held assets of $161k against liabilities of $0, net assets of $161k.