Winters Friends of the Library

Analysis

Winters Friends of the Library is a registered charity in United States, based in Winters, CA. It received its IRS tax-exemption ruling in February 1985, 41 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 2023, Winters Friends of the Library reported income of $204k and spending of $45k, leaving 78% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $204k (+338%), an average of +338% a year. The sharpest change came in the year to December 2023, when income rose by 338%. Over the whole period it spent 33% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Winters Friends of the Library sits at the 53rd percentile: it is larger than about 53% 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 Lopez Island Historical Society ($204k), Good News Evangelistic Fellowship Inc ($204k) and Hundred Club of Indianapolis Inc ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $276k against liabilities of $0, net assets of $276k.