Friends of the Orange Public Library

Analysis

Friends of the Orange Public Library is a registered charity in United States, based in Orange, CA. It received its IRS tax-exemption ruling in March 1986, 40 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 Orange Public Library reported income of $78k and spending of $69k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $78k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 93% 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 Orange 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 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Veterans Golf Program ($78k), California Watercolor Association ($78k) and Three Corner Round Pack Outfit Inc ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.1% and program service revenue 88% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.