Friends of Sequoya Branch Library Inc

Analysis

Friends of Sequoya Branch Library Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in February 2009, 17 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 December 2023, Friends of Sequoya Branch Library Inc reported income of $89k and spending of $72k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $89k (+1.2%), an average of +1.2% a year. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Sequoya Branch Library Inc 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 34th percentile, and in the 32nd percentile within WI. Charities of a similar size with the same main cause include Golden Opportunity Go Inc ($89k), Alpha Kappa Educational Foundation ($89k) and Bridging the Gap Learning Academy ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $161k against liabilities of $0, net assets of $161k.