Friends of the Boise Public Library Inc

Analysis

Friends of the Boise Public Library Inc is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in October 1970, 56 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 Boise Public Library Inc reported income of $106k and spending of $65k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $279k to $106k (-62%), an average of -21% a year. The sharpest change came in the year to December 2022, when income rose by 85%. Over the whole period it spent 40% 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 Boise Public Library Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within ID. Charities of a similar size with the same main cause include Columbus Club House ($106k), Cyrus J Morris School Community ($106k) and PTA Texas Congress ($106k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $1.3m against liabilities of $637, net assets of $1.3m.