Friends of the Allen County Indiana Public Library Inc

Analysis

Friends of the Allen County Indiana Public Library Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in February 1983, 43 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Allen County Indiana Public Library Inc reported income of $52k and spending of $32k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $50k to $52k (+4.6%), an average of +1.1% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of the Allen County Indiana Public Library Inc sits at the 23rd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within IN. Charities of a similar size with the same main cause include Rock Springs Elementary School Parent Teach Organization ($52k), Society of the Cincinnati in the State of New Jersey Inc ($52k) and Huskies Blue Line Club Inc ($52k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% of the total. At year end it held assets of $662k against liabilities of $0, net assets of $662k.