Friends of the Lincoln Public Library

Analysis

Friends of the Lincoln Public Library is a registered charity in United States, based in Lincoln, CA. It received its IRS tax-exemption ruling in November 1986, 40 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, Friends of the Lincoln Public Library reported income of $77k and spending of $67k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $78k to $77k (-1.5%), an average of -1.5% a year. Over the whole period it spent 78% 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 Lincoln Public Library sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Williams Care Homes Inc ($77k), PTA Pennsylvania Congress ($77k) and Marin Music Chest ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $191k against liabilities of $0, net assets of $191k.