Friends of the Leon County Public Library Inc

Analysis

Friends of the Leon County Public Library Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in June 1979, 47 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 2022, Friends of the Leon County Public Library Inc reported income of $243k and spending of $210k, spending 87% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $108k to $243k (+125%), an average of +31% a year. The sharpest change came in the year to December 2020, when income rose by 83%. Over the whole period it spent 62% 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 Leon County Public Library Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Union R-X1 School District Foundation Inc ($243k), Friends of the Missouri Governors Mansion ($243k) and Ozona Community Center ($243k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 6.9% and program service revenue 6.7% of the total. At year end it held assets of $3.1m against liabilities of $2, net assets of $3.1m.