Friends of the Rancho Cucamonga Library

Analysis

Friends of the Rancho Cucamonga Library is a registered charity in United States, based in RCH Cucamonga, CA. It received its IRS tax-exemption ruling in January 1988, 38 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 Rancho Cucamonga Library reported income of $162k and spending of $130k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $111k to $162k (+46%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 88% 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 Rancho Cucamonga Library sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include The Yellville Area Food Closet Association ($162k), Bryan Symphony Orchestra ($162k) and PTA California Congress of Parents Teachers & Students Inc ($162k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.