Friends of the Pima County Public Library Inc

Analysis

Friends of the Pima County Public Library Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in December 1975, 51 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 June 2023, Friends of the Pima County Public Library Inc reported income of $932k and spending of $798k, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $718k to $932k (+30%), an average of +6.7% a year. The sharpest change came in the year to June 2022, when income rose by 37%. 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 Pima County Public Library Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 75th percentile within AZ. Charities of a similar size with the same main cause include First Way Pregnancy Center ($932k), McCurdy School of Northern New Mexico ($933k) and Broadcast Education Association ($932k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.6% of the total. Compensation of current officers, directors and key employees was $79k (10.0% of expenses). Other salaries and wages came to $111k. At year end it held assets of $2.4m against liabilities of $20k, net assets of $2.4m. It reported 7 employees.