Friends of the Sewickley Public Library

Analysis

Friends of the Sewickley Public Library is a registered charity in United States, based in Sewickley, PA. It received its IRS tax-exemption ruling in March 1948, 78 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 June 2023, Friends of the Sewickley Public Library reported income of $61k and spending of $63k, spending 104% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $39k to $61k (+54%), an average of +54% a year. The sharpest change came in the year to June 2023, when income rose by 54%. Over the whole period it spent 125% 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 Sewickley Public Library sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within PA. Charities of a similar size with the same main cause include PTA North Carolina Congress ($61k), Road Runners Club of America ($61k) and Tehama County Friends of the Library ($61k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $123k against liabilities of $2,006, net assets of $121k.