Friends of Benicia Public Library

Analysis

Friends of Benicia Public Library is a registered charity in United States, based in Benicia, CA. It received its IRS tax-exemption ruling in September 1985, 41 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 June 2024, Friends of Benicia Public Library reported income of $62k and spending of $67k, spending 109% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $63k to $62k (-1.8%), an average of -1.8% a year. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Benicia Public Library sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include PTA Florida Congress ($62k), South Lexington Babe Ruth Inc ($62k) and PTA North Carolina Congress ($62k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 2.7% and program service revenue 89% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.