Friends of the Yorba Linda Public Library

Analysis

Friends of the Yorba Linda Public Library is a registered charity in United States, based in Yorba Linda, CA. It received its IRS tax-exemption ruling in April 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of the Yorba Linda Public Library reported income of $104k and spending of $66k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $104k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 63% 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 Yorba Linda Public Library sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Bichitra a Bengali Religious & Cultural Organization ($104k), American Society for Training and Development ($104k) and Bardstown-Nelson County Veterans Park LLC ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. At year end it held assets of $207k against liabilities of $0, net assets of $207k.