Friends of the Omaha Public Library Inc

Analysis

Friends of the Omaha Public Library Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in May 1976, 50 years ago. 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 December 2023, Friends of the Omaha Public Library Inc reported income of $165k and spending of $139k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $145k to $165k (+14%), an average of +14% a year. Over the whole period it spent 78% 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 Omaha Public Library Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NE. Charities of a similar size with the same main cause include Meals on Wheels Inc ($165k), The Trojan Club Inc ($165k) and Paws Healing Heroes ($165k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% of the total. At year end it held assets of $149k against liabilities of $732, net assets of $149k.