Friends of Sierra Vista City Library

Analysis

Friends of Sierra Vista City Library is a registered charity in United States, based in Sierra Vista, AZ. It received its IRS tax-exemption ruling in August 1973, 53 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 Sierra Vista City Library reported income of $219k and spending of $240k, spending 110% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $203k to $219k (+7.6%), an average of +3.7% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Sierra Vista City Library sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within AZ. Charities of a similar size with the same main cause include St Landry-Evangeline United Way ($219k), Sequoia Nursery School ($219k) and Big Brothers Big Sisters NW Montana ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.6% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.