Poudre River Friends of the Library

Analysis

Poudre River Friends of the Library is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in June 1974, 52 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, Poudre River Friends of the Library reported income of $96k and spending of $95k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $131k to $96k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Poudre River Friends of the Library sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 32nd percentile within CO. Charities of a similar size with the same main cause include Parents Cooperative Preschool ($96k), Care Center Foundation Inc ($96k) and The Usmc Scout Sniper Assn Inc ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $176k against liabilities of $0, net assets of $176k.