Friends of the Livonia Public Library

Analysis

Friends of the Livonia Public Library is a registered charity in United States, based in Livonia, MI. It received its IRS tax-exemption ruling in March 1984, 42 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2024, Friends of the Livonia Public Library reported income of $115k and spending of $85k, leaving 27% of income unspent that year. Across the 2 years on record, from August 2023 to August 2024, income grew from $106k to $115k (+8.7%), an average of +8.7% a year. Over the whole period it spent 90% 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 Livonia Public Library sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within MI. Charities of a similar size with the same main cause include Terrebonne High School Band Booster Club ($115k), Texas Academic Advising Network ($115k) and Magnolia Band Booster Club ($115k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 2.1% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k.