Friends of the Jacksonville Public Library Inc

Analysis

Friends of the Jacksonville Public Library Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in February 1968, 58 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 Jacksonville Public Library Inc reported income of $153k and spending of $121k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2018 to December 2023, income grew from $104k to $153k (+48%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 96% 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 Jacksonville Public Library Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include Well Dunn ($153k), Paschal High School Band Booster Club ($153k) and Gildersleeve Wheeler Education Fund ($153k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 85% of the total. At year end it held assets of $207k against liabilities of $0, net assets of $207k.