Friends of the Chantilly Regional Library Inc

Analysis

Friends of the Chantilly Regional Library Inc is a registered charity in United States, based in Chantilly, VA. It received its IRS tax-exemption ruling in July 1999, 27 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 2024, Friends of the Chantilly Regional Library Inc reported income of $55k and spending of $28k, leaving 50% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $46k to $55k (+21%), an average of +21% a year. The sharpest change came in the year to June 2024, when income rose by 21%. Over the whole period it spent 114% 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 Chantilly Regional 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 22nd percentile, and in the 21st percentile within VA. Charities of a similar size with the same main cause include Illinois Congress of Parents Teachers ($55k), Parent Booster USA Inc ($55k) and New Hope Elementary PTO ($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 $186k against liabilities of $236, net assets of $186k.