Friends of the Findlay Hancock County Public Library Inc

Analysis

Friends of the Findlay Hancock County Public Library Inc is a registered charity in United States, based in Findlay, OH. It received its IRS tax-exemption ruling in June 1976, 50 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 Findlay Hancock County Public Library Inc reported income of $90k and spending of $114k, spending 127% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $265k to $90k (-66%), an average of -66% a year. The sharpest change came in the year to December 2023, when income dropped by 66%. Over the whole period it spent 61% 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 Findlay Hancock County Public Library Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within OH. Charities of a similar size with the same main cause include Winston Salem Tennis Incorporated ($90k), Jumpstart Coalition for Personal Financial Literacy ($90k) and The John Quadrino Foundation ($90k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Other salaries and wages came to $9,988. At year end it held assets of $225k against liabilities of $0, net assets of $225k. It reported 1 employees.