Friends of the Johnson County Library Inc

Analysis

Friends of the Johnson County Library Inc is a registered charity in United States, based in Lenexa, KS. It received its IRS tax-exemption ruling in September 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 the Johnson County Library Inc reported income of $304k and spending of $269k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $312k to $304k (-2.6%), an average of -0.7% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 89% 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 Johnson County Library Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within KS. Charities of a similar size with the same main cause include St John Youth Baseball Inc ($304k), Rotary Club of Gainesville Foundation Inc ($304k) and Good Shepherd Corporation Atlanta Georgia ($304k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $53k (20% of expenses). Other salaries and wages came to $62k. It paid $650 in professional fundraising fees. At year end it held assets of $267k against liabilities of $7,943, net assets of $259k. It reported 7 employees.