Friends of the Berkeley Public Library Inc

Analysis

Friends of the Berkeley Public Library Inc is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in November 1976, 50 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 June 2023, Friends of the Berkeley Public Library Inc reported income of $266k and spending of $291k, spending 109% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $267k to $266k (-0.3%), an average of -0.3% a year. Over the whole period it spent 97% 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 Berkeley Public Library Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Vashon Alliance to Reduce Substance Abuse -Varsa ($266k), Freedom Synergy Corporation ($266k) and Coastal Sediments Conferences Inc ($266k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $285k against liabilities of $0, net assets of $285k.