Friends of West Florida Public Library Inc

Analysis

Friends of West Florida Public Library Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Friends of West Florida Public Library Inc reported income of $92k and spending of $56k, leaving 39% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $51k to $92k (+81%), an average of +81% a year. The sharpest change came in the year to September 2023, when income rose by 81%. Over the whole period it spent 46% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of West Florida Public Library Inc 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 35th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include American Friends of the University of Leicester Inc ($92k), Healdsburg Greyhound Booster Club ($92k) and Guild Law School ($92k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $376k against liabilities of $21k, net assets of $355k.