Friends of Nassau County County Library Inc

Analysis

Friends of Nassau County County Library Inc is a registered charity in United States, based in Fern BCH, FL. It received its IRS tax-exemption ruling in July 1988, 38 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 December 2023, Friends of Nassau County County Library Inc reported income of $71k and spending of $60k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $71k (+6.1%), an average of +6.1% a year. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Nassau County County Library Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include Zebs Foundation ($71k), Dunkirk Historical Lighthouse and Veterans Park Museum ($71k) and Carlsbad Rotary Foundation ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $260k against liabilities of $0, net assets of $260k.