Friends of the Victoria Bronte Public Library Inc

Analysis

Friends of the Victoria Bronte Public Library Inc is a registered charity in United States, based in Victoria, TX. It received its IRS tax-exemption ruling in April 1972, 54 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Friends of the Victoria Bronte Public Library Inc reported income of $57k and spending of $36k, leaving 37% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $37k to $57k (+54%), an average of +54% a year. The sharpest change came in the year to September 2023, when income rose by 54%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of the Victoria Bronte Public Library Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include Southern Ca Chapter of Ewha Womans Univ Alumnae ($57k), Lafayette Highschool Football Booster Club ($57k) and Karns City Scholastic Foundation Inc ($57k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $305k against liabilities of $0, net assets of $305k.