Friends of the Wichita Library Inc

Analysis

Friends of the Wichita Library Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in June 1967, 59 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 the Wichita Library Inc reported income of $67k and spending of $36k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $67k (+0.7%), an average of +0.7% a year. Over the whole period it spent 65% 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 Wichita Library Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within KS. Charities of a similar size with the same main cause include Southern California Superintendents Association ($67k), Illinois Congress of Parents Teachers ($67k) and Quincy Freedom Fest Inc ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 67% of the total. At year end it held assets of $469k against liabilities of $0, net assets of $469k.