Friends of the Sun City Libraries Inc

Analysis

Friends of the Sun City Libraries Inc is a registered charity in United States, based in Sun City, AZ. It received its IRS tax-exemption ruling in June 1971, 55 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 Sun City Libraries Inc reported income of $89k and spending of $97k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $202k to $89k (-56%), an average of -19% a year. The sharpest change came in the year to December 2021, when income rose by 528%. Over the whole period it spent 103% 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 Sun City Libraries Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within AZ. Charities of a similar size with the same main cause include Jersey Shore Chinese School ($89k), PTA California Congress of Parents Teachers & Students Inc ($89k) and Holland Purchase Historic Society ($89k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $5.1m against liabilities of $0, net assets of $5.1m.