Friends of New Braunfels Public Lib Rary Inc

Analysis

Friends of New Braunfels Public Lib Rary Inc is a registered charity in United States, based in New Braunfels, TX. It received its IRS tax-exemption ruling in July 2002, 24 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 New Braunfels Public Lib Rary Inc reported income of $97k and spending of $67k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $97k (+9.6%), an average of +9.6% a year. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of New Braunfels Public Lib Rary Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include Wentzville Football Booster Club ($97k), Harris County High Note Club Parent Organization Inc ($97k) and Youniversal Center ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 22% of the total. At year end it held assets of $152k against liabilities of $0, net assets of $152k.