Friends of the Library of Seminole County Florida Inc

Analysis

Friends of the Library of Seminole County Florida Inc is a registered charity in United States, based in Casselberry, FL. It received its IRS tax-exemption ruling in December 1981, 45 years ago. 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 April 2024, Friends of the Library of Seminole County Florida Inc reported income of $87k and spending of $70k, spending 81% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $67k to $87k (+28%), an average of +28% a year. The sharpest change came in the year to April 2024, when income rose by 28%. Over the whole period it spent 76% 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 Library of Seminole County Florida Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 36th percentile within FL. Charities of a similar size with the same main cause include Friends of the Redwood Libraries ($87k), Main Street Program of Anderson South Carolina Incorporated ($87k) and Dematic Employee Association ($87k).

At year end it held assets of $341k against liabilities of $0, net assets of $341k.