Friends of the Worthington Public Library

Analysis

Friends of the Worthington Public Library is a registered charity in United States, based in Worthington, OH. It received its IRS tax-exemption ruling in July 1993, 33 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 the Worthington Public Library reported income of $71k and spending of $61k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $71k (+9.3%), an average of +9.3% a year. Over the whole period it spent 66% 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 Worthington Public Library sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within OH. Charities of a similar size with the same main cause include Hunking School PTO ($71k), Huaxia East Brunswick Chinese School a NJ Nonprofit Corporation ($71k) and Southview PTO ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $723k against liabilities of $0, net assets of $723k.