Friends Foundation of the Birmingham Public Library

Analysis

Friends Foundation of the Birmingham Public Library is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in September 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 June 2024, Friends Foundation of the Birmingham Public Library reported income of $160k and spending of $104k, leaving 35% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $148k to $160k (+7.8%), an average of +7.8% a year. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends Foundation of the Birmingham Public Library sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within AL. Charities of a similar size with the same main cause include Spedacts Inc ($160k), Northwest Guilford Band Boosters Inc ($160k) and Keepers of the Flame Foundation ($160k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 54% of the total. At year end it held assets of $527k against liabilities of $860, net assets of $526k.