Friends of the Moss Memorial Library Inc

Analysis

Friends of the Moss Memorial Library Inc is a registered charity in United States, based in Hayesville, NC. It received its IRS tax-exemption ruling in October 2003, 23 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 June 2024, Friends of the Moss Memorial Library Inc reported income of $55k and spending of $63k, spending 115% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $57k to $55k (-4.4%), an average of -4.4% a year. Over the whole period it spent 71% 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 Moss Memorial Library Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within NC. Charities of a similar size with the same main cause include Womenmtb ($55k), Warriors for Christ Christian Academy Inc ($55k) and 20 Pearls Foundation ($55k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.8% of the total. At year end it held assets of $270k against liabilities of $0, net assets of $270k.