Friends of the Hunterdon County Library

Analysis

Friends of the Hunterdon County Library is a registered charity in United States, based in Flemington, NJ. It received its IRS tax-exemption ruling in October 1972, 54 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 Hunterdon County Library reported income of $92k and spending of $60k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $81k to $92k (+15%), an average of +15% a year. Over the whole period it spent 63% 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 Hunterdon County Library sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 42nd percentile within NJ. Charities of a similar size with the same main cause include Ozark Youth Wresting Club Inc ($92k), Big Laurel Learning Center Inc ($93k) and Lone Star Juniors San Antonio Volleyball Asso U S Association ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $281k against liabilities of $0, net assets of $281k.