Friends of the Gulf County Public Libraries Inc

Analysis

Friends of the Gulf County Public Libraries Inc is a registered charity in United States, based in Port St Joe, FL. It received its IRS tax-exemption ruling in November 2003, 23 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 Gulf County Public Libraries Inc reported income of $77k and spending of $50k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $12k to $77k (+525%), an average of +525% a year. The sharpest change came in the year to December 2023, when income rose by 525%. Over the whole period it spent 103% 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 Gulf County Public Libraries Inc sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 33rd percentile within FL. Charities of a similar size with the same main cause include Rosa Lee Carter Elementary Schoolpto Incorporated ($77k), Annie Bell Chambers Multi Service Center ($77k) and Gamma Beta Foundation ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $143k against liabilities of $0, net assets of $143k.