Friends of the Public Library of Anniston-Calhoun County Inc

Analysis

Friends of the Public Library of Anniston-Calhoun County Inc is a registered charity in United States, based in Anniston, AL. It received its IRS tax-exemption ruling in August 1998, 28 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 September 2023, Friends of the Public Library of Anniston-Calhoun County Inc reported income of $166k and spending of $135k, spending 82% of its income. Across the 3 years on record, from September 2021 to September 2023, income fell from $1.1m to $166k (-84%), an average of -60% a year. The sharpest change came in the year to September 2022, when income dropped by 84%. Over the whole period it spent 21% 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 Public Library of Anniston-Calhoun County Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within AL. Charities of a similar size with the same main cause include Rotary Club of Bellingham Foundation ($166k), Station Camp Elementary PTO ($166k) and 20 Pearls Foundation Inc ($166k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 13% and program service revenue 11% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.