Friends of the Miami-Dade Public Library Inc

Analysis

Friends of the Miami-Dade Public Library Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Friends of the Miami-Dade Public Library Inc reported income of $107k and spending of $70k, leaving 35% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $103k to $107k (+4.5%), an average of +4.5% a year. Over the whole period it spent 38% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of the Miami-Dade Public Library Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include Greater South Farrow Road Community Development Foundation ($107k), Muzira Ministries Inc ($107k) and Plaza Theatre Foundation Inc ($107k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $235k against liabilities of $0, net assets of $235k.