Friends of the Elm Grove Library Inc

Analysis

Friends of the Elm Grove Library Inc is a registered charity in United States, based in Elm Grove, WI. It received its IRS tax-exemption ruling in August 2001, 25 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 May 2023, Friends of the Elm Grove Library Inc reported income of $58k and spending of $27k, leaving 53% of income unspent that year. Across the 2 years on record, from May 2022 to May 2023, income fell from $66k to $58k (-12%), an average of -12% a year. Over the whole period it spent 72% 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 Elm Grove Library Inc 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 23rd percentile, and in the 19th percentile within WI. Charities of a similar size with the same main cause include Foundation for Health Environments Research ($58k), Parent Booster USA Inc ($58k) and Concord Elementary School PTO ($58k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 54% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.