Friends of Fort Bragg Library

Analysis

Friends of Fort Bragg Library is a registered charity in United States, based in Fort Bragg, CA. It received its IRS tax-exemption ruling in November 1992, 34 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2023, Friends of Fort Bragg Library reported income of $206k and spending of $45k, leaving 78% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $535k to $206k (-62%), an average of -38% a year. The sharpest change came in the year to December 2023, when income rose by 245%. Over the whole period it spent 12% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Friends of Fort Bragg Library sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Oroville Eagles Football and Cheer ($206k), 23 Club Inc ($206k) and The Dallas Prestige Group ($206k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $995k against liabilities of $0, net assets of $995k.