Friends of the Roseville Public Library

Analysis

Friends of the Roseville Public Library is a registered charity in United States, based in Roseville, CA. It received its IRS tax-exemption ruling in January 1974, 52 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 Roseville Public Library reported income of $102k and spending of $75k, leaving 27% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $62k to $102k (+63%), an average of +63% a year. The sharpest change came in the year to June 2023, when income rose by 63%. Over the whole period it spent 66% 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 Roseville Public Library sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include San Francisco Spikes ($102k), New Cumberland River Rescue No 1 ($102k) and Garnie W & Zoe H McGinty TR ($102k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 15% of the total. At year end it held assets of $162k against liabilities of $0, net assets of $162k.