Friends of the Marysville Public Library

Analysis

Friends of the Marysville Public Library is a registered charity in United States, based in Marysville, OH. It received its IRS tax-exemption ruling in October 1998, 28 years ago. 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 Marysville Public Library reported income of $61k and spending of $23k, leaving 62% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $15k to $61k (+310%), an average of +60% a year. The sharpest change came in the year to December 2021, when income rose by 230%. Over the whole period it spent 55% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of the Marysville Public Library sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within OH. Charities of a similar size with the same main cause include Fayetteville Recreation ($61k), Little League Baseball Inc ($61k) and Sachem Marching Band Parents Alliance ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $455k against liabilities of $0, net assets of $455k.