Friends of the Childrens Library of Huntington Beach Ca

Analysis

Friends of the Childrens Library of Huntington Beach Ca is a registered charity in United States, based in Huntingtn BCH, CA. It received its IRS tax-exemption ruling in January 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Friends of the Childrens Library of Huntington Beach Ca reported income of $79k and spending of $69k, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $772k to $79k (-90%), an average of -68% a year. The sharpest change came in the year to December 2022, when income dropped by 102%. Over the whole period it spent 25% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of the Childrens Library of Huntington Beach Ca sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include 911 Promise Run Inc ($79k), Amado and J B Pena Art Has Heart Foundation ($79k) and Northeast New Start Outreach Inc ($79k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 51% of the total. At year end it held assets of $823k against liabilities of $0, net assets of $823k.