Friends of the Brown County Library Inc

Analysis

Friends of the Brown County Library Inc is a registered charity in United States, based in Green Bay, WI. It received its IRS tax-exemption ruling in January 1983, 43 years ago. 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 Brown County Library Inc reported income of $155k and spending of $132k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $288k to $155k (-46%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 143%. Over the whole period it spent 92% 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 Brown County Library Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within WI. Charities of a similar size with the same main cause include Burn Pits 360 ($155k), Track Houston Youth Track Club ($155k) and Radiant Life Ministries Inc ($155k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 26% of the total. At year end it held assets of $673k against liabilities of $0, net assets of $673k.