Fulton County Friends of the Library Inc

Analysis

Fulton County Friends of the Library Inc is a registered charity in United States, based in MC Connellsbg, PA. It received its IRS tax-exemption ruling in May 1976, 50 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 September 2022, Fulton County Friends of the Library Inc reported income of $184k and spending of $113k, leaving 38% of income unspent that year. Across the 4 years on record, from September 2019 to September 2022, income grew from $123k to $184k (+49%), an average of +14% a year. The sharpest change came in the year to September 2021, when income rose by 37%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fulton County Friends of the Library Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within PA. Charities of a similar size with the same main cause include Hope on Horseback ($184k), CPS Cares Inc ($184k) and Guardianship Corp ($184k).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 18% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.