Friends of the Library Glen Ellyn Free Public Lib

Analysis

Friends of the Library Glen Ellyn Free Public Lib is a registered charity in United States, based in Glen Ellyn, IL. It received its IRS tax-exemption ruling in August 1963, 63 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 May 2024, Friends of the Library Glen Ellyn Free Public Lib reported income of $65k and spending of $64k, spending 98% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $65k to $65k (+0.3%), an average of +0.3% a year. Over the whole period it spent 101% 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 Library Glen Ellyn Free Public Lib sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within IL. Charities of a similar size with the same main cause include City Wide Club of Clubs Crisis Calls Auxiliary ($65k), Clyde Heritage League Inc ($65k) and Tulsa Opera Endowment TR 1 ($65k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 40% and program service revenue 60% of the total. At year end it held assets of $2,827 against liabilities of $0, net assets of $2,827.